Alf Ianniello (ILF2011)
After a spectacular 2025 during which it became the state’s third-largest company, communications firm Codan hit a new high on the stock exchange last week amid geopolitical unrest.
Codan shares hit a new record high on Friday of $36.89 per share after the company released an optimistic trading update that same morning.
The company, which specialises in communications technology and metal detection, expects 29 per cent growth in first-half revenue to $394 million.