BUZZ-Australia's Trajan Group hits 10-week high on robust FY25 revenue outlook

Reuters

08/05

BUZZ-Australia's Trajan Group hits 10-week high on robust FY25 revenue outlook

** Trajan Group TRJ.AX jumps 8.6% to A$0.880, highest since May 27

** Stock set for its best day since March 12, if trend holds

** Life sciences products developer expects FY25 revenue to exceed upper-end of guidance at A$166.5 mln ($107.68 mln)

** Sees FY25 group EBITDA at A$15.5 mln, 8.8% below lower-end of guidance

** YTD, TRJ falls 22.1%

($1 = A$1.5463)

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.SinghChundawat@thomsonreuters.com))

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