AMA Group Ltd 2024 AR2
The report highlights AMA Group's operational and financial turnaround for the fiscal year ended June 30, 2024, with revenue increasing by 7.8% to $894.8 million. The company successfully completed a $125 million equity raising to reset its balance sheet and extended its senior debt facilities to December 31, 2025. Operationally, AMA Group focused on its core collision repair business, resolving to divest the ACM Parts business. The group also expanded its apprentice program to 450 apprentices and continued its commitment to sustainability through waste reduction, energy-efficient LED lighting, and the use of water-based paint technology.
Company: AMA Group Ltd
Sector: Personal & other services
Country: Australia
Year: 2024
Type: AR2
Pages: 116
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AMA Group Ltd
Annual Report
The report highlights AMA Group's operational and financial turnaround for the fiscal year ended June 30, 2024, with revenue increasing by 7.8% to $894.8 million. The company successfully completed a $125 million equity raising to reset its balance sheet and extended its senior debt facilities to December 31, 2025. Operationally, AMA Group focused on its core collision repair business, resolving to divest the ACM Parts business. The group also expanded its apprentice program to 450 apprentices and continued its commitment to sustainability through waste reduction, energy-efficient LED lighting, and the use of water-based paint technology.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Published
Aug 23, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees