Boom Logistics (ASX:BOL) has given guidance for the fiscal year 2024, envisaging a turnover surpassing A$220M.

The company also projects A$5M in operating NPAT for the same period, indicating robust performance prospects.

The tier of buy-backs for FY24 will likely be established prior to the Annual General Meeting in November 2023, according to the company.

An improved profitability and cash flow are also expected by Boom Logistics in FY24.

Boom Logistics is an industrial services company specializing in lifting solutions including crane logistics and heavy haulage.