Johns Lyng (ASX: JLG) expects FY23 business momentum to continue in FY24.

Mon 04 Dec 23, 04:42 AM | Team Kalkine

Image source: @Michael Gaida/Pixabay

Highlights

Johns Lyng Group Limited (ASX: JLG) is an integrated building services provider. The Australia based firm offers building restoration, strata and energy services across the globe. Established in 1953, the company now manages 24 brands and 130 operating subsidiaries.

The global construction firm witnessed a 43.2% YoY rise in revenue to AUD 1.281 billion in the financial year 2023 (FY23), 42.9% YoY increase in EBITDA to AU$119.4 million, 64.3% YoY surge in NPAT to AU$62.8 million.

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