ASX:CDAElectronic
How Codan’s Strong FY25 Results and Kägwerks Acquisition Could Impact ASX:CDA Investors
Codan Limited recently reported a strong financial result for FY25, achieving 22% group revenue growth and marked increases in EBIT and NPAT, following the acquisition of Kägwerks to strengthen its U.S. defense market presence.
The Communications division, including Zetron and DTC, posted a 26% revenue rise, while Minelab benefited from elevated gold prices and expanded distribution channels for a 16% increase.
We’ll examine how Codan’s successful acquisition of Kägwerks and uplift in core...