FilingReader Intelligence

Vista Group reports strong 2024 performance, cloud strategy progress

May 21, 2025 at 10:00 AM UTCBy FilingReader AI

Vista Group International (NZX:VGL) detailed its 2024 performance and strategic progress at its Annual Shareholders' Meeting. Chair Susan Peterson highlighted a standout financial year marked by improved operational efficiency, resulting in an EBITDA margin of 14.4% (15.5% excluding foreign exchange) and a 9% increase in recurring revenue. Total Revenue reached NZD 150m, a company record, contributing to positive free cash flow in the second half of the year.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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