Company Information
About Lindsay Australia Limited (ASX: LAU)
Lindsay Australia Limited is a company based in Australia that specializes in providing integrated services in transportation, logistics, and rural supplies. The company focuses on the transport of both refrigerated and general freight and offers logistic services for the import and export of horticultural goods. It also deals in the merchandising of various agricultural products. The business is divided into two main segments: Transport and Rural. The Transport segment includes carrying general and refrigerated products, as well as providing warehouse and distribution services. The Rural segment is responsible for the sale and distribution of agriculture-related supply products.
The company operates several businesses, such as Lindsay Rural, which is focused on rural merchandising in Central and Southeast Queensland, Lindsay Transport, which handles a significant amount of freight for a large customer base, and Lindsay Fresh Logistics that tailor services for fresh produce logistics. The company has been incorporated since 1993, employs around 1,590 people, and has recently completed the acquisition of WB Hunter Pty Ltd. Financially, Lindsay Australia Limited has shown growth, with their latest reports indicating a revenue of 763.29 million Australian dollars and a net income of 35.78 million Australian dollars. Their revenue increased by 22.43% from the previous year, and their net income saw a 79.50% improvement over the same period.
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Lindsay Australia Limited (ASX: LAU) Live Chart
Lindsay Australia Limited (ASX: LAU) Forecast
According to Wall Street analysts, the 12-month average price target for Lindsay Australia Limited is AU$1.59, with the highest forecast at AU$1.65 and the lowest at AU$1.51. This average target suggests a potential increase of 64.27% from the recent trading price of AU$0.97.
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