Australia's Austco Healthcare touches seven-month high on strong forecasts

Austco Healthcare

23/07/2025 01:50

** Shares of Austco Healthcare AHC.AX rise as much as 17.9% to A$0.395, their highest level since November 10, 2024

** The healthcare communication firm sees FY25 EBITDA between A$12.5 million ($8.19 million) and A$13.5 million, compared with A$8.1 million reported a year ago

** Also sees higher FY25 revenue of A$80 million - A$82 million

** Co says performance driven by strategic acquisitions

** YTD, shares up 41.8%

($1 = 1.5263 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))