Australia's DGL Group falls on weak HY profit outlook

DGL

20/11/2024 24:11

** Shares of DGL Group  DGL.AX  down 7.5% to A$0.555, on
track for worst session since Sept. 26, if current losses hold
    ** Speciality chemicals firm expects net profit to be lower
in the current first half than the year-earlier period
    ** Says it expects a modest increase in revenue and gross
margin for the half year
    ** Stock down 33.9% YTD, including day's moves

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))