Australia's Acumentis Group gains on upbeat results, guidance
03/08/2026 04:03
BUZZ-Australia's Acumentis Group gains on upbeat results, guidance ** Shares of Acumentis Group ACU.AX rise as much as 4.2% to A$0.09, their highest since March 6
** Property valuation co announced final, fully franked, dividend of 0.45 Australian cents per share on Friday, higher than 0.22 cents last year
** Says economic conditions to remain challenging in FY27 amid ongoing geopolitical shocks but co remains well-positioned to grow its non-financial related valuations and property advisory ops
** Posts preliminary net profit after tax from continuing operations of A$1.8 million ($1.27 million), up from A$1.2 million a year ago
** Stock is up 16% YTD, including the session's moves
($1 = 1.4225 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
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