Australia's Enero Group rises on narrower annual loss

Enero

29/08/2025 06:30

** Shares of Enero Group EGG.AX rise as much as 3.7% to A$0.99, their highest level since Aug 22

** Marketing services provider's FY loss narrows to A$19.3 million ($12.54 million) from A$44.2 million year ago, while gross revenues fell to A$187.5 million from A$192.1 million

** About 162,000 shares traded so far, 2.2x 30-day avg

** Stock down 10.5% YTD, including the session's moves

($1 = 1.5389 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))