BUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view

Reuters

Jun 11, 2025

BUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view

** Australian mining equipments company Austin Engineering ANG.AX falls as much as 12.2% to A$0.325

** Hits lowest level since January 15, 2024

** Co lowers its FY25 forecast for earnings before interest and taxes to ~A$41 mln ($26.7 mln) from A$50 mln

** Analysts' average estimate is A$42.2 mln, according to data compiled by LSEG

** Co to redirect a significant proportion of production for a multi-year contract for truck body supply to its Batam manufacturing facility, leading to revised underlying FY25 EBIT forecast

** Co ups FY25 revenue forecast to A$370 mln from A$350 mln

** Around 6.3 mln shares change hands, more than four times its 30-day average volume of ~1.5 mln

** Stock among the 10 worst performers on Wednesday on ASX's All Ordinaries Index .AORD

** ANG last down 8.8%, taking YTD losses to ~33.8% this year

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.SinghChundawat@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2542373775"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2542373775\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2542373775?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-11 11:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2542373775","market":"us","top_or_hot":-1,"title":"BUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view</title></head><body><p>** Australian mining equipments company Austin Engineering <span>ANG.AX</span> falls as much as 12.2% to A$0.325</p><p>** Hits lowest level since January 15, 2024</p><p>** Co <span>lowers</span> its FY25 forecast for earnings before interest and taxes to ~A$41 mln ($26.7 mln) from A$50 mln</p><p>** Analysts' average estimate is A$42.2 mln, according to data compiled by LSEG</p><p>** Co to redirect a significant proportion of production for a multi-year contract for truck body supply to its Batam manufacturing facility, leading to revised underlying FY25 EBIT forecast </p><p>** Co ups FY25 revenue forecast to A$370 mln from A$350 mln</p><p>** Around 6.3 mln shares change hands, more than four times its 30-day average volume of ~1.5 mln</p><p>** Stock among the 10 worst performers on Wednesday on ASX's All Ordinaries Index <span>.AORD</span></p><p>** ANG last down 8.8%, taking YTD losses to ~33.8% this year</p><p> (Reporting by Keshav Singh Chundawat in Bengaluru)</p><p> ((Keshav.SinghChundawat@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-11 11:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view</title></head><body><p>** Australian mining equipments company Austin Engineering <span>ANG.AX</span> falls as much as 12.2% to A$0.325</p><p>** Hits lowest level since January 15, 2024</p><p>** Co <span>lowers</span> its FY25 forecast for earnings before interest and taxes to ~A$41 mln ($26.7 mln) from A$50 mln</p><p>** Analysts' average estimate is A$42.2 mln, according to data compiled by LSEG</p><p>** Co to redirect a significant proportion of production for a multi-year contract for truck body supply to its Batam manufacturing facility, leading to revised underlying FY25 EBIT forecast </p><p>** Co ups FY25 revenue forecast to A$370 mln from A$350 mln</p><p>** Around 6.3 mln shares change hands, more than four times its 30-day average volume of ~1.5 mln</p><p>** Stock among the 10 worst performers on Wednesday on ASX's All Ordinaries Index <span>.AORD</span></p><p>** ANG last down 8.8%, taking YTD losses to ~33.8% this year</p><p> (Reporting by Keshav Singh Chundawat in Bengaluru)</p><p> ((Keshav.SinghChundawat@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7077","symbol_name":"建筑机械与重型卡车","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250611:nL6N3SE05U:1","article_id":"2542373775","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542373775","pubTimestamp":1749612286,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view** Australian mining equipments company Austin Engineering ANG.AX falls as much as 12.2% to A$0.325** Hits ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7077":"建筑机械与重型卡车","ANG.AU":"AUSTIN ENGINEERING LTD"},"translate_title":"BUZZ-Austin Engineering因修订后的2025财年息税前利润预测跌至近17个月低点如下视图","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ANG.AU":0.9},"content_text":"BUZZ-Austin Engineering falls to nearly 17-month low on revised FY25 EBIT forecast below view** Australian mining equipments company Austin Engineering ANG.AX falls as much as 12.2% to A$0.325** Hits lowest level since January 15, 2024** Co lowers its FY25 forecast for earnings before interest and taxes to ~A$41 mln ($26.7 mln) from A$50 mln** Analysts' average estimate is A$42.2 mln, according to data compiled by LSEG** Co to redirect a significant proportion of production for a multi-year contract for truck body supply to its Batam manufacturing facility, leading to revised underlying FY25 EBIT forecast ** Co ups FY25 revenue forecast to A$370 mln from A$350 mln** Around 6.3 mln shares change hands, more than four times its 30-day average volume of ~1.5 mln** Stock among the 10 worst performers on Wednesday on ASX's All Ordinaries Index .AORD** ANG last down 8.8%, taking YTD losses to ~33.8% this year (Reporting by Keshav Singh Chundawat in Bengaluru) ((Keshav.SinghChundawat@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}