Australia's Advanced Braking Technology jumps on robust full-year revenue

Advanced Braking Technology

30/07/2026 04:59

** Shares of Advanced Braking Technology ABV.AX jump as much as 14.3% to A$0.12, their highest level since May 22
** The braking solutions maker posts product sales revenue of A$6.2 million ($4.31 million) in the fourth quarter, up 10.7% on pcp
**  Reports full-year unaudited revenue of A$23.5 million, 22.7% higher yoy

    ** About 230,000 shares change hands, 4.2 times the 30-day avg
  
** Stock is up 9% YTD 
($1 = 1.4382 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com; ))