BUZZ-Australia's Bega Cheese hits four-year high on strong results, outlook
Reuters
Feb 19
BUZZ-Australia's <a href="https://laohu8.com/S/BGCHY">Bega Cheese</a> hits four-year high on strong results, outlook
** Shares of Australia's Bega CheeseBGA.AX rise as much as 4.9% to A$6.37, to their highest level since May 4, 2021
** Dairy products manufacturer logs 20.9% jump in H1 EBITDA to A$133.4 million ($94.27 million)
** Posts interim fully franked dividend of 7.0 AU cents per share
** Upgrades guidance for normalised EBITDA in FY26 to the range of A$222 million to A$227 million, from a previous forecast of A$215 million to A$220 million
** Around 1.3 mln shares change hands, 2.8x the 30-day avg trading volume
** YTD, shares up 3%
($1 = 1.4150 Australian dollars)
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
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