Australia's EVZ rises on upbeat half-year forecast

EVZ

20/11/2025 03:23

** Shares of engineering firm EVZ Ltd EVZ.AX rise 7% to A$0.23, their highest level since November 13

** Co expects HY revenue to be between A$60 million ($38.83 million) and A$65 million, and EBITDA in range of A$3.7 million to A$4.3 million

** Reported revenue of A$54 million and EBITDA of A$2.5 million a year-ago
** About 758,067 shares change hands, 1.3x the 30-day average of 597,517
** Stock up 43.8% YTD

($1 = 1.5451 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.shaikh@thomsonreuters.com ))