Australia's City Chic Collective soars on swing to HY profit, trading update

City Chic Collective

27/02/2025 03:41

** Shares of City Chic Collective CCX.AX rise 11.1% to A$0.15

** Stock rose as much as 22.2% to A$0.165, its highest level since Aug 29, 2024

** Apparel and accessories retailer logs 1H25 underlying EBITDA of A$3.5 mln ($2.21 mln) vs EBITDA loss of A$5.2 mln in 1H24

** Also says trading revenue in first eight weeks of 2H25 up 25% compared to last year

** Around 3.2 mln shares change hands, 4.6 times the 30-day avg

** Stock up 53.1% YTD, including current session's moves

($1 = 1.5873 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))