Earnings Alerts

Endeavour Group /Australia (EDV) Earnings: FY Net Income Hits A$512M, Announces Final Dividend of A$0.075

  • Endeavour Group reported a net income of A$512 million for the fiscal year.
  • Final dividend per share stands at A$0.075.
  • Analyst recommendations include 10 buys and 5 holds, with no sell ratings.

Endeavour Group /Australia on Smartkarma





Analysts on Smartkarma are keeping a close eye on Endeavour Group /Australia, particularly after Woolworths Ltd’s announcement to raise A$468m (US$305m) by selling its stake in the company. Clarence Chu, a prominent analyst on Smartkarma, has published a bullish insight on the matter titled “Endeavour Group Placement – While There Is an Overhang, Selldown Now Appears Well Flagged.” In his report, Chu delves into the details of the deal dynamics and evaluates its impact using an ECM framework. Endeavour Group, which was demerged from Woolworths in June 2021, focuses on the drinks and hospitality business of Woolworths, making it a significant player in the market.



A look at Endeavour Group /Australia Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Endeavour Group Limited of Australia, a retail drinks and hospitality business, is showing a promising long-term outlook based on Smartkarma Smart Scores. With a strong score of 4 for Growth and Momentum, the company is positioned for significant future expansion and sustained market performance. This indicates a positive trajectory for Endeavour Group’s revenue and potential for continued growth in the competitive industry.

Although the company received a lower score of 2 for Resilience, its value proposition with a score of 3 and a balanced dividend score of 3 suggest stability and a focus on shareholder returns. This balanced approach to financial health combined with the high growth and momentum scores indicates a strategic direction towards long-term success for Endeavour Group in the retail drinks and hospitality sector in Australia.

### Endeavour Group Limited of Australia is a retail drinks and hospitality business offering distilled spirits, neutral spirits, and ethyl alcohol for blended wines and liquors in Australia. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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