BUZZ-Australia's Nido Education sinks after lowering FY25 earnings forecast

Reuters

2025/11/04

BUZZ-Australia's <a href="https://laohu8.com/S/NDO.AU">Nido Education</a> sinks after lowering FY25 earnings forecast

** Shares of Nido Education NDO.AX fall 8.3% to A$0.610, set for their biggest one-day pct drop since March 18, 2025

** Childcare services provider among top losers on All Ordinaries index .AORD

** Company expects FY25 service EBITDA of A$28.5 mln–A$30 mln ($18.52 mln-$19.49 mln), compared with A$32.4 mln reported a year earlier

** Forecasts FY25 group EBITDA of A$16.5 mln–A$18 mln, versus A$22 mln last year

** Including session's losses, stock down 20.3% YTD

($1 = 1.5389 Australian dollars)

(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))

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