BUZZ-Australia's Solvar rises on strong H1 profit, announcing special dividend

Reuters
Feb 18
BUZZ-Australia's Solvar rises on strong H1 profit, announcing special dividend

** Solvar SVR.AX rises as much as 4.8% to A$1.845, highest since February 10

** Consumer and commercial finance co posts H1 net profit attributable of A$17.8 mln ($12.6 mln) vs year-ago 16.9 mln

** Declares special dividend of 2.5 AU cents/share

** About 130,000 shares traded, 1.2x the 30-day avg

** SVR gains 4.6% YTD

($1 = A$1.4128)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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