ASX 100 Stock Expanding Capabilities

Steadfast Group had been studying options to expand further into the London market. It has done it through the 100% acquisition of H.W. Wood Limited. This would provide an impetus for additional international growth opportunities.

Steadfast Group Limited (ASX: SDF)

Steadfast Group Limited (ASX: SDF) has delivered a solid performance in FY24, continuing its remarkable growth trajectory since its 2013 listing. Over this period, the company has achieved consistent growth in fully franked dividends and a notable increase in share price from $1.15 at listing to $5.50, expanding its market capitalization to approximately $6 billion from $535 million at IPO.

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