Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Enero Group (ASX: $EGG) shares trading update at AGM
- Author: Stock Piper
Enero Group's AGM and trading update highlights
Enero Group (ASX:EGG) held its 2024 Annual General Meeting on October 17, 2024. The event provided a trading update and was accessible both online and at its Pyrmont location. Presentations were made by Chair Ann Sherry AO and CEO Brent Scrimshaw, available on the company's website.
Enero Group's strategic moves and future outlook
Enero Group's 2024 AGM provided insights into its current performance and future strategy. The company is experiencing positive domestic business momentum, particularly in Australia, with the acquisition of significant clients. However, global challenges in the technology sector have impacted revenue, with a noted decline in both the THC Practice and OBMedia revenues. Despite these challenges, the company has improved its margins by controlling costs. The sale of OBMedia is scheduled to complete in Q2 FY25, and this move aligns with Enero's strategy to streamline operations and reduce the corporate cost base. Looking forward, Enero remains focused on managing costs and capitalizing on new business opportunities, while navigating the uncertainties present in the global market.
Executive remarks from Enero Group's leadership
Enero has noted strong momentum in its business pipeline in Australia, acquiring significant clients like Endeavour Group (Dan Murphys and BWS). This has led to increased pitch costs, though these have been counterbalanced by cost reductions in the Technology, Healthcare & Consumer (THC) Practice, improving margins in Q1 FY25 to 16% from 14% in H2 FY24.
ENERO GROUP LIMITED
EGG | ASX | Communication Services
1.1550(+0%)
At close 21/10 (AEDT)
Market cap
$104.8M
Volume
23,468
DY Yield
0.0433
PE Ratio
52 Week Range
1.06 - 1.9
1YR Return
N / A
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