WiseTech Global Ltd

17W0

Equity

ISIN US9772871011 / Valor 46934742

Deutsche Boerse AG (2024-09-13)

EUR 78.50-0.63%

WiseTech Global Ltd
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About company

WiseTech Global Ltd is a global software company that specializes in providing innovative technology solutions for the logistics industry. The company recently announced an agreement to acquire Aktiv Data, a leading provider of electronic customs and freight forwarding solutions in Finland. This acquisition further strengthens WiseTech Global's presence in the European market and enhances its portfolio of services for customers in the logistics and supply chain industry. With a focus on driving efficiency, visibility, and compliance in global trade operations, WiseTech Global continues to expand its offerings and solidify its position as a key player in the logistics software sector.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

WiseTech Global Ltd reported a significant increase in revenue for the first half of the 2024 financial year. The company's revenue grew by 32%, reaching $500.4 million, compared to $378.2 million in the same period of the previous year.

Net Profit Increase

For the half-year ended 31 December 2023, WiseTech Global Ltd achieved a net profit after tax of $118.2 million. This represents an 8% increase from the $109.0 million reported in the corresponding period of the previous year.

Underlying Net Profit

WiseTech Global Ltd's underlying net profit after tax for the first half of 2024 was $128.4 million, up 5% from $121.8 million in the same period of the previous year. This metric excludes certain non-recurring items to provide a clearer picture of the company's ongoing profitability.

Dividends

WiseTech Global Ltd declared an interim dividend of 7.70 cents per share for the first half of the 2024 financial year. This dividend is fully franked and will be paid on 5 April 2024, with a record date of 11 March 2024.

Earnings Per Share

Basic earnings per share for WiseTech Global Ltd increased by 7% in the first half of 2024, reaching 35.7 cents compared to 33.4 cents in the same period of the previous year. This reflects the company's improved profitability and growth in net profit.

Summarized from source with an LLMView Source

Key figures

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Performance

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