Australia's Domain Holdings tops ASX 200 on strong FY results

Domain Holdings Australia

16/08/2024 01:55

** Shares of Domain Holdings  DHG.AX  rise as much as 8.4%
to A$3.35, their biggest intraday jump since Aug 9, 2022
    ** Stock hits highest level since July 22 and is the top
gainer on the benchmark index  .AXJO 
    ** Stock rises 3.9% for the week on track to post its best
week since July 12, if gains hold
    ** Online property marketplace provider posts about 28% rise
in FY net profit attributable and 13.1% growth in revenue
    ** Declares a dividend of 4.0 AU cents per share inline with
last year
    ** Says trading in July experiencing strong growth with new
'for sale' listings up 4%
    ** Sees stable EBITDA margins in FY25
    ** Stock down 10.4% YTD as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))