Australia's Big River Industries rises after FY27 EBITDA growth outlook

Big River Industries

Today 04:16

** Shares of Australia's Big River Industries BRI.AX gain as much as 3% to A$1.370, their highest since May 21
** Building products manufacturer says it expects to achieve double-digit EBITDA growth in FY27
** Co expects FY26 EBITDA to be largely in line with the consensus forecast, representing nearly 8% growth YoY
** Sees softer revenue in the fourth quarter, due to significant wet weather events across the eastern states in May that disrupted construction activity
** BRI down 2.9% YTD

 (Reporting by Keshav Singh Chundawat in Bengaluru)
 ((Keshav.singhchundawat@thomsonreuters.com))