Australia's Dyno Nobel rises; Macquarie lifts EPS outlook
24/09/2025 04:41
** Resources and agricultural sector supplier Dyno Nobel DNL.AX rises as much as 1.7% to A$3.08, highest since August 29 ** Macquarie lifts co's FY25, FY26 EPS estimate by 14% and 17%, respectively, on stronger price assumptions for global phosphate ** New estimates, 6% above VA concensus, based on hopes of average global phosphate prices rising $55 per ton, $63 per ton in FY25 and FY26, respectively ** Co needs consistent production at its Phosphate Hill site in Queensland to capitalise on stronger prices, Macquarie adds ** YTD, DNL up 4.4% (Reporting by Shruti Agarwal in Bengaluru) ((Shruti.Agarwal@thomsonreuters.com))
Recent news on Dyno Nobel
See all newsAustralia's Dyno Nobel almost flat after rally; Jefferies, UBS raise PTs
Jefferies raises PT on Dyno Nobel after half-year earnings jump
Brief: Dyno Nobel Logs HY Net Profit Attributable A$19.9 Mln
Australia's Dyno Nobel rises on strong half-year earnings
Australia's Dyno Nobel rises on strong half-year earnings