Australia's ALS gains most in a year on upbeat HY results
19/11/2024 01:19
** Business support services provider ALS ALQ.AX rises as
much as 6.2% to A$15.565; biggest intraday pct gain since
mid-November 2023
** Stock hits highest since Sept. 3
** Co reports half-year FY25 underlying rev of A$1.46 bln
($949 mln) vs A$1.28 bln a year ago
** Attributes result to strong growth in its life sciences
segment, which assists engineering firms
** Says it is targeting mid-single-digit organic rev growth
for full year 2025
** Stock up 17.6% YTD
($1 = A$1.5385)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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