Lynch Group (ASX:LGL) reported a 6% increase in Australian revenue through to May year-to-date compared with the same period last year, with earnings before interest, taxes, depreciation, and amortization (EBITDA) margin performance in line with the previous year, according to a Thursday filing with the Australian bourse.
Meanwhile, revenue from China is up 16% year-to-date through May compared with last year, with EBITDA exceeding the prior year, the filing said.
The company expects fiscal year revenue growth of about 7%, with EBITDA projected to be between AU$42 million and AU$43 million, per the filing.
Shares rose 3% in morning trade on Thursday.
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