Australia's Energy One jumps on robust results, Gas Management acquisition
19/08/2026 05:29
BUZZ-Australia's Energy One jumps on robust results, Gas Management acquisition ** Shares of Energy One EOL.AX rise as much as 6.8% to A$16.1, their highest level since February 4
** Set to clock steepest intraday pct rise since August 4
** Software company posts full-year profit attributable of A$8.1 million ($5.73 million), up 38%
** Enters into agreement with Fluxys UK to acquire energy market software company Gas Management Services
** Acquisition to help co's Software + Services growth strategy, the next step in its One-Stop-Shop strategy to build a broader, more capable software and services platform for energy market participants
** About 513,000 shares change hands, 7.5 times the 30-day avg
** Down 9% YTD, including the session's moves
($1 = 1.4140 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)