Academies Australasia Group hits near 7-mth high on Q1 EBITDA jump

Academies Australasia

02/11/2018 01:45

** Shares of education provider Academies Australasia Group
Ltd  AKG.AX  rise as much as 5.8 pct to A$0.460, their highest
since April 3     
    ** Co posts Q1 earnings before interest tax Depreciation and
amortization (EBITDA) of A$1.6 mln ($1.15 mln), up 49 pct YoY
 urn:newsml:reuters.com:*:nGLF8W8s9s 
    ** About 177,600 shares exchange hands, compared with the
30-day average volume of 44,695 shares  
    ** Stock down 19.2 pct this year as of last close  

($1 = 1.3877 Australian dollars)

 ((Reuters Messaging:
SyedSaifHussain.Naqvi.thomsonreuters.com@reuters.net))