Australia’s Codan Jumps to Record High on Robust Forecast

Wars boost profits for Aussie drone parts maker

Codan says its first-half profit will be up sharply on the back of unprecedented demand for its products in conflict regions.

Australia's Codan jumps to record high on robust forecast

Australia’s Codan jumps to record high on robust forecast

Sept 29 (Reuters) - Australian electronics components maker Codan on Tuesday forecast a sharp rise in first-half profit and higher revenue for its communications division, sending its shares ​to a record high. The company now expects group ‌net profit ...

Codan profits double as conflicts send drone demand soaring

The company, which has soared in valuation, makes devices the size of a mobile phone used by about 50 drone manufacturers in the US and Europe.

Codan trading update: Record H1 FY27 profit and revenue

Codan Ltd's (ASX: CDA) H1 FY27 earnings update reveals a surge in profit and revenue, led by outstanding growth in the Communications segment.

Codan shares surge 19% to record high after raising H1 profit outlook

Investing.com -- Codan (ASX:CDA) shares surged to a record high on Tuesday after the Australian communications technology company sharply raised its first-half profit outlook on strong demand from drone manufacturers. Codan shares surged 18.85% to a record high of A$61.79, significantly…