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ARB - ARB News Story

A$36.67 -0.1  -0.3%

Last Trade - 7:10am

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.67bn
Enterprise Value £1.65bn
Revenue £289.1m
Position in Universe 157th / 1899

Australia's ARB Corp hits 2-1/2-month peak on strong results, outlook

Tue 12th January, 2021 12:13am
** Shares of ARB Corp Ltd  ARB.AX  rise as much as 6.1% to
A$33.57, their highest since Oct 26, 2020
    ** The vehicle accessories maker says un-audited sales
revenue for half year ended Dec 31, 2020 was A$284 mln ($218.82
mln), up 21.6% on prior corresponding period
    ** Co says profit before tax for the half year was between 
A$70 mln to A$72 mln, adds that co "maintains a positive
short-term outlook"
    ** Stock posts its biggest intraday pct gain since Oct 9,
2020
    ** Stock up 64.1% in 2020

    ($1 = 1.2979 Australian dollars)

 (Reporting By Sherry Philips)
 ((sherrymary.jacob@thomsonreuters.com;))
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