Australia's Amaero posts biggest drop in over two years after earnings forecast cut

Amaero

15/01/2026 24:36

** Shares of Australia's Amaero  3DA.AX tumble 20% to A$0.26, their steepest decline since March 20, 2023

** Alloy producer reduces FY26 revenue guidance to between A$18 million ($12.03 million) and A$20 million, down from A$30 million to A$35 million

** 3DA top loser in the all ordinaries index .AORD

** Stock added 10% in 2025, and is down 5.5% YTD

($1 = 1.4961 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))