Australia's Adore Beauty Group rises on positive H1 results

Adore Beauty

29/01/2025 03:10

** Shares of Adore Beauty Group  ABY.AX  rise 2.2% to
A$0.920, their highest level since Jan. 21
    ** Beauty-focussed e-commerce website reports a H1 FY2025
EBITDA of A$4.6 mln ($2.87 mln), up 94% compared to last year
    ** Strong performance in H1 FY25 was driven by the
implementation of key initiatives in its 3-year strategy that
focus on near-term material profit growth - co
    ** 164,295 shares change hands, 9 times the 30-day average
of 18,204
    ** Stock fell 33.6% in 2024


($1 = 1.6038 Australian dollars)

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))