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Codan Limited (ASX:CDA)
ALERT: Price-sensitive ASX Announcement for CDA
Current share price for CDA : $43.140 9.07 (26.62%)+
Announcement
Release
22 Oct 2025 9:20AM
Price at Release
$34.070
Full Release
Summary
Codan Limited's 2025 Annual General Meeting highlighted a successful fiscal year 2025 with a 22% revenue growth and a 27% increase in net profit after tax. The company focused on strategic growth through disciplined acquisitions and significant investment in innovation and people. The acquisition of Kägwerks has strengthened Codan's position in the U.S. defence market. The company is committed to sustainability and community initiatives, setting systems to measure emissions and supporting educational and community programs. The outlook for 2026 remains positive, with expected growth in Communications and Minelab segments.
Key Points
- 22% revenue growth and 27% net profit increase in FY25.
- Codan acquired Kägwerks to enhance its U.S. defence capabilities.
- Significant investment in innovation and technology development.
- Focus on sustainability, measuring emissions, and community support.
- Positive growth outlook for FY26 with strong order book.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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