Australia's Boom Logistics rises on stronger annual earnings

Boom Logistics

19/08/2026 05:28

** Shares of Australia's Boom Logistics BOL.AX rise as much as 7.3% to A$2.200, hitting their highest level since July 10
** Shares mark their biggest intraday pct gain since July 29
** Diversified lifting and project logistics firm reports FY26 underlying NPAT of A$12.8 million ($9.05 million), up 37.6% from last year
** Co also posts underlying EBITDA of A$53.3 million, up 6.6% from FY25
** Co will start FY27 with A$200 million of secured contract work 
** YTD, stock up 20.6%, including session's moves


($1 = 1.4140 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))