BUZZ-Australia's Peet hits nearly 16-year high on HY profit surge, FY outlook upgrade** Peet PPC.AX jumps as much as 16.1% to A$2.24, highest since May 20, 2010
** Stock hits biggest intraday pct gain in 9 months
** Real estate developer posts HY statutory profit after tax attributable of A$50.9 million ($35.98 million), up 102% from pcp
** Logs HY revenue of A$222.9 million, up 28% from pcp
** Declares interim dividend of 6.50 Australian cents/share
** Expects FY26 net profit after tax to be between A$86 million and A$90 million, 47%-54% earnings growth vs FY25
** PPC up 4.8% YTD
($1 = A$1.4146)
(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))
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