BUZZ-Australia's Hub24 set for best day in over 11 years on HY profit growth
Reuters
Feb 19
BUZZ-Australia's Hub24 set for best day in over 11 years on HY profit growth
** Shares of Hub24 HUB.AX rise as much as 20.8% to A$104.210, on track for best session since late August 2014, if trend holds
** Stock hits highest level since January 28
** Data solutions provider reports a statutory net profit after tax of A$59.7 million ($42.05 million), up 80% from a year ago
** Upgraded FY27 platform funds under administration target, excluding portfolio,administration and reporting services FUA, to a range of A$160 billion to A$170 billion
($1 = 1.4196 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com))
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