Australia's Adrad Holdings jumps on FY26 profit growth, upbeat outlook
BUZZ-Australia's Adrad Holdings jumps on FY26 profit growth, upbeat outlook ** Shares of Australia's Adrad Holdings AHL.AX rise as much as 13.5% to A$1.180, marking their biggest intraday pct gain since late November 2025
** Automotive parts manufacturer reports FY26 underlying EBITDA of A$19.5 million ($13.86 million), up 10.8% from last year
** Co also posts underlying NPAT up 9.7% to A$7.9 million in FY26
** Adds in FY27, sees significant opportunities across higher-growth markets such as data centers and others in the heat transfer solutions segment
** Adds business is positioned to deliver a stronger HY27 result than pcp, helped by a substantial order book in heat transfer solutions
** Stock up 15% YTD, including session's moves
($1 = 1.4069 Australian dollars)
(Reporting by Subhalakshmi Dey in Bengaluru)
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