EVT Limited (ASX:EVT) Releases Half-Year Financial Results
Financial Performance
EVT Limited reported a 0.7% decrease in revenue to A$654.3 million for the half year ended 31 December 2024. Reported EBITDA increased by 3.8% to A$169.8 million, and profit after tax rose by 14.9% to A$31.1 million.
Operational Highlights
The Hotels division achieved record results, while the Entertainment division was affected by fewer blockbuster films due to Hollywood strikes. Thredbo faced adverse winter weather, closing four weeks earlier than planned.
Dividend Declaration
EVT Limited declared an interim dividend of 16.0 cents per ordinary share, up from 14.0 cents previously. The record date is 6 March 2025, with payment on 20 March 2025.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Shaver Shop Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.