BUZZ-Australia's FBR rises on bricklaying robot sale

Reuters
2025/11/05
BUZZ-Australia's FBR rises on bricklaying robot sale

** Shares of FBR Limited FBR.AX rise as much as 12.5% to A$0.005, their highest level since October 28

** Robotics firm to sell one Hadrian unit to Fraser Lyne Constructions for A$7.8 mln ($5.07 mln)

** Hadrian is a bricklaying robot that builds structural walls with less wastage

** Co to supply Hadrian unit to Fraser Lyne for use in and around the Mid North Coast of New South Wales

** YTD, shares fall 88.8%, including the day's move

($1 = 1.5389 Australian dollars)

(Reporting by Aamir Shaik Khalid in Bengaluru)

((aamir.sheikkhalid@thomsonreuters.com))

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