ALS Ltd

ALQ: XASX (AUS)
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ALS Limited Earnings: Profit Target Missed, and a Steadying Equity Raise

Materials testing specialist ALS posted a 1% decline in underlying fiscal 2025 net profit after tax to AUD 293 million. It will raise up to AUD 390 million in a fully underwritten placement and share purchase plan to upgrade four major hub laboratories and maintain balance sheet flexibility.

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