New Zealand's AoFrio jumps after maintaining FY revenue forecast

Aofrio

02/08/2024 01:44

** Shares of New Zealand's AoFrio Ltd  AOF.NZ  rise as much
as to 7.7% to NZ$0.07, their highest level since May 23
    ** Commercial refrigeration technology firm maintains its
FY24 revenue forecast in the range of NZ$70 mln to NZ$80 mln 
($41.56 mln-$47.50 mln)
    ** Says targeting FY24 EBITDA of around NZ$2.5 mln
    ** Stock up 8.3% YTD, as of last close

    ($1 = 1.6844 New Zealand dollars)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))