Codan unearths riches
After the market closed on Wednesday, metal detection products company Codan announced it had achieved a net profit of $21.8 million, representing earnings per share of 14.3 cents.
After the market closed on Wednesday, Codan announced it had achieved a net profit of $21.8 million, representing earnings per share of 14.3 cents. This was in line with the expectations of analysts at Moelis.
The company declared a final dividend of 5 cents, bringing the full-year dividend to 9 cents, which was ahead of consensus forecasts.
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