Australia's Civmec rises on upbeat quarterly results
30/10/2026 24:54
BUZZ-Australia's Civmec rises on upbeat quarterly results ** Shares of Civmec CVL.AX rise as much as 9.2% to A$1.780, their highest since October 6
** Stock logs its largest intraday pct gain since June 16
** Multidisciplinary construction and engineering services company posts Q1FY27 NPAT of A$18.4 million($12.94 million), up nearly 75% from Q1FY26
** Company posts Q1FY27 revenue of A$324 million, up 70% from Q1FY26
** Stock up 1.2% for the month of October
** YTD, stock up 17.5%
($1 = 1.4221 Australian dollars)
(Reporting by Tejas Harish in Bengaluru)