Australia's EVZ at 13-year high on upbeat FY26 earnings forecast

EVZ

07/05/2026 04:00

** Shares of EVZ EVZ.AX rise as much as 3.4% to A$0.528, their highest level since November 26, 2013

** The engineering firm expects full-year revenue to be in the range of A$120 million to A$125 million ($86.89 million - $90.51 million), compared to FY25 revenue of A$108 million

** Forecasts EBITDA in the range of A$8.5 million to A$9 million, up from A$5.3 million a year ago

** About 872,000 shares change hands, 2.8 times the 30-day avg

** Up a whopping 136% YTD, including the session's moves

($1 = 1.3810 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

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