BUZZ-Bubs Australia rises most in nearly four weeks on upbeat results, CEO appointment

Reuters

2025/07/28

BUZZ-<a href="https://laohu8.com/S/BUBSF">Bubs Australia</a> rises most in nearly four weeks on upbeat results, CEO appointment

** Shares of Bubs Australia BUB.AX rise as much as 5.9% to A$0.180, their biggest intraday pct gain since July 3

** The milk formula producer names Joe Coote as its chief executive officer

** Co also posts FY25 net revenue of A$102.5 million ($67.48 million), a 29% increase y/y, and now expects FY25 EBITDA of A5.5 million to A$6 million, versus loss of A$19.8 million a year ago

** Co cites 'working-capital discipline' and reduction in costs for performance

** YTD, shares up 80%

($1 = 1.5191 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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