Australia's Advanced Braking Technology soars on sales revenue growth

Advanced Braking Technology

21/10/2025 03:36

** Shares of Advanced Braking Technology ABV.AX rise as much as 8.7% to A$0.125, their highest level since October 6

** Stock on track for its best day since October 3, if current gains hold

** Braking systems manufacturer reports product sales revenue of A$5.3 million ($3.44 million) for first quarter, up 21% from pcp

** About 541,000 shares change hands, 4.6 times the 30-day avg

** Stock up 50.6% YTD, including the session's moves

($1 = 1.5389 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))