BUZZ-Australia's Growthpoint Properties rises on raising outlook, profit swing

Reuters

Feb 25

BUZZ-Australia's <a href="https://laohu8.com/S/GWWTF">Growthpoint Properties</a> rises on raising outlook, profit swing

** Growthpoint Properties GOZ.AX rises as much as 1.8% to A$2.24; marks biggest intraday pct gain since February 18

** Co posts HY statutory net profit of A$62.6 mln ($44.3 mln), swinging from year-ago stat net loss of A$98.7 mln

** Raises lower end of FY26 funds from operations outlook to 23.0-23.6 Australian cps from earlier 22.8-23.6 Australian cps

** YTD, GOZ down 8.4%

($1 = A$1.4140)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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