Australia's Brickworks eyes best day in over 3 years after annual profit beat

Brickworks

26/09/2024 02:05

** Shares of Brickworks  BKW.AX  advance as much as 9% to
A$28.98, set for their best day since early June, 2021, as of
0045 GMT - if current trend holds 
    ** The nation's largest brick manufacturer reports FY24
underlying net profit after tax of A$61 million ($41.68
million), beating a Visible Alpha consensus of A$32.3 million,
according to Citi 
    ** Co also declares a higher FY dividend of 43 AU cents per
share, vs 42 AU cents apiece 
    ** Co emerges among top gainers on the benchmark  .AXJO  
    ** Including day's gains, stock has risen 3% this year



($1 = 1.4635 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))