Australia's Dyno Nobel hits near 3-year high as annual loss narrows

Dyno Nobel

10/11/2025 24:03

** Shares of Dyno Nobel DNL.AX rise as much as 6.9% to A$3.43, their highest level since December 2, 2022

** The explosives maker set for its best day since late January 2024, if gains hold

** Co narrows full-year statutory net loss after tax including individually material items (IMIs) to A$53 million ($34.44 million), compared with A$311 million loss last year

** Excluding IMIs, FY NPAT rises 6%; declares final dividend of 9.5 AU cents per share higher than 6.3 AU cents last year

** Sees FY26 EBIT for Dyno Nobel explosives business around A$460 million - A$500 million

** Stock last up 4.4% brining YTD gains to ~14%

($1 = 1.5389 Australian dollars)

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))