0057 GMT - Dyno Nobel's 1H profit result pleases bull RBC Capital Markets, which says EPS is 17% above consensus while explosives Ebit beats by 19%. RBC highlights the reiteration of annual guidance despite some additional headwinds, including from higher freight and raw materials costs. Earnings in the company's Latin America, Africa, and Europe business are also lower than expected, RBC says. However, group corporate costs are slightly lower than anticipated and net debt is below expectations, says the broker. RBC has an outperform rating and A$3.70 target on Dyno Nobel. Shares are 11% higher at A$3.67. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
May 10, 2026 20:57 ET (00:57 GMT)
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