DGL Group Limited (ASX: DGL) has released its FY2022 results for the period ended 30 June 2022.

The Company reported strong growth across all key earnings metrics, with solid momentum in 1H22 continuing in to 2H22.

• Sales revenue increased 88% to AU$369.8 million.
• Underlying EBITDA increased 133% to US$65.6 million.
• Underlying EBIT increased 188% to AU$48.4 million compared to FY2021.
• Underlying NPAT improved 197% to AU$33.6 million compared to the previous corresponding period.
• During the period, the Company completed acquisition and integration of 11 businesses. Thus, was able to expand and diversify DGL’s scale, geographies, expertise, and offerings.
• It has a strong balance sheet with AU$25.4 million in cash, AU$66.2 million net bank debt.

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