Australia's CleanSpace hits over 1-week high after raising forecasts

Cleanspace Holdings

18/12/2020 24:25

** Shares of CleanSpace Holdings  CSX.AX  jump 5.2% to
A$6.94 after raising guidance
    ** The maker of workplace respiratory protection equipment
sees H1 EBITDA in the range of A$17 mln-A$19 mln ($12.95
mln-$14.47 mln), up from a prior range of A$14 mln-A$17 mln last
month  urn:newsml:reuters.com:*:nAZN00PAWC
    ** Now sees H1 FY21 revenue of A$39 mln-A$41 mln, up from
A$34 mln-A$36 mln
    ** Shares at their highest since Dec. 9
    ** Stock is trading around A$6.65, marking a return to
levels seen when it was listed in October
    
($1 = 1.3129 Australian dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))