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    Perenti (ASX:PRN) surges with $1.63B H1 FY24 revenue

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    Perenti reported a revenue of $1.63 billion for the first half of FY24, marking a 13% year-over-year increase from $1.44 billion, attributed to the value-accretive acquisition of DDH1 and solid operational performance.

    The company reported a 63.4% increase in net profit for the half-year, reaching $64.7 million. EBITDA increased 11% to $312 million.

    The board declared a fully franked interim dividend of 2 cents per share, payable on April 12.

    Perenti CEO Mark Norwell confirmed fleet redeployments to other sites and highlighted ongoing projects with IGO and BHP Nickel West.

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