Lynch Group Holdings (ASX:LGL) has announced its full year revenue of A$395.3 million, marking an 8% increase.

Most notably, there are plans to reinstate the final dividend for the financial year 23, with a full year dividend of 7.0 AU cents per share declared.

The company has layed the foundation for the Australian FY24 revenue, underpinned by the increasing supermarket share of the floral industry.

Price increases have been established across major customers from mid-second half of FY23.

The company is set to continue with its capital expansion program, with an additional 4 hectares planned on existing farms in FY24.

Lynch Group Holdings is a company that specializes in the floral industry, with a major focus on capital expansion and increasing supermarket share.