Qube's FY24 Results: Grain Trading Arm Drives Growth

Strong Financial Performance, Positive Outlook

Australian logistics provider Qube has declared another strong financial performance for FY24, with underlying revenue growth of around 17% to $3.5 billion.

The company's resilience and growth prospects have contributed to its success.

Grain Trading Arm Boasts Impressive Revenue

141.9M Revenue in First Seven Months

In its first seven months of operation, Qube's grain-trading arm has reported a revenue of $141.9 million.

This significant contribution has been a key driver of Qube's overall growth.

Key Highlights:

• Underlying revenue growth of around 17% to $3.5 billion
• Grain-trading arm revenue of $141.9 million
• Resilient business model and strong growth prospects

Qube's Continued Growth and Expansion

Financial Results and Presentations

View Qube's collection of Full and Half Year Results documentation and presentations for more detailed insights.

Solid H1 FY2024 Performance

Qube has demonstrated a solid performance for H1 FY2024, with improvements in all key underlying financial metrics.

The company remains confident in its long-term growth prospects.

Conclusion

Qube's strong FY24 results underscore the company's resilience, growth aspirations, and commitment to delivering value to its stakeholders.

With its diversified business model and continued expansion, Qube is well-positioned for continued success in the future.