BUZZ-Australia's Pact Group rises on upbeat FY25 provisional results

Reuters
07-07
BUZZ-Australia's Pact Group rises on upbeat FY25 provisional results

** Shares of Pact Group Holdings PGH.AX rise as much as 3.4% to A$0.770, hitting their highest level since June 30

** Stock marks its biggest intraday pct gain since June 11

** Packaging solutions provider reports full-year provisional revenue from co's continuing operations to be A$1.82 billion ($1.19 billion), 1.1% higher from a year ago

** Co says higher revenue due to increased volumes in materials handling and pooling division

** Stock down 7.5% this year, including the day's move

($1 = 1.5344 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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