ALS Limited (ASX: ALQ): Here's an overview of this commercial and professional services provider

Mon 16 Oct 23, 12:58 PM | Team Kalkine

Image source: Wasan Tita

Highlights

ALS offers comprehensive testing solutions to a wide range of industries globally

In FY23, the company registered 19.5% YoY growth in revenue, underpinned by the performance of its metallurgy and geochemistry business

Northcape Capital Pty. Ltd. has the highest stake in ALQ, with a shareholding of 2.02%

ALS Limited (ASX: ALQ) is an Australian company engaged in providing laboratory testing, certification, inspection, and verification solutions for the past four decades. The company caters to a wide range of industries across the globe.

In the financial year 2023, the company reported 19.5% YoY organic growth in revenue to AUD 2,421 million and 21.8% YoY organic growth in underlying EBIT to AUD 490.7 million. The underlying NPAT increased by 23.4% YoY to AUD 320.6 million during the reported period.

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