BUZZ-Australia's Supply Network hits record high on upbeat HY forecast

Reuters
24 Jan
BUZZ-Australia's Supply Network hits record high on upbeat HY forecast

** Shares of Supply Network SNL.AX rises as much as 2.2% to a record high of A$35.150

** The auto parts firm sees HY PAT A$19.8 mln, compared to A$15 mln

** Sees revenue of A$171 mln vs A$145 mln last year

** Declares interim dividend 32 Australian cents, higher than 23 Australian cents announced in pcp

** Stock gained 6.2% YTD including moves in today's session

($1 = 1.5830 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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