BUZZ-Australia's EVZ Ltd hits over 3-week high on upbeat earnings forecast
Reuters
Jul 18
BUZZ-Australia's EVZ Ltd hits over 3-week high on upbeat earnings forecast
** Shares of engineering services provider EVZ Ltd EVZ.AX rise 6.7% to A$0.16, their highest level since June 26
** Co forecasts FY25 EBITDA to be in range of A$5.2 million ($3.38 million) to A$5.4 million; reported FY24 EBITDA of A$4.9 million
** Projects FY25 revenue to be between A$108 million and A$110 million, compared with A$118.9 million in revenue last year
** Stock down 6.3% YTD, including moves in current session
($1 = 1.5385 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com;))
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