Australia's Amotiv hits 5-month high on robust FY26 outlook

Amotiv

13/08/2025 02:42

** Amotiv AOV.AX rises as much as 4.6% to A$9.6, highest since March 6

** Stock last up 3.2%; set for strongest session since April 10

** Automotive solutions firm expects underlying EBITA of A$195 mln ($127 mln) in FY26 vs A$192 mln in FY25

** Sees revenue growth in FY26

** Reports FY25 underlying EBITDA of A$226.4 mln vs A$223.8 mln a year earlier

** But posts statutory loss attributable after tax from continuing operations of A$106.3 mln due to impairment charge vs year-ago profit

** YTD, AOV falls 10.8%

($1 = A$1.5326)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))