GUD Holdings achieved a $39.1 million revenue increase for the first half of FY24, totaling $492.6 million.

Profit from operations after tax went up 19.5% to $51.4 million, while operating profit from continuing operations before interest and tax also increased by $13.9 million to $86.4 million.

Adjustments for restructuring and transaction costs, before tax, amounted to $583,000.

The company declared an interim dividend of 18.5 cents per share, fully franked, payable on March 8.