Australia's FSA Group surges on higher full-year earnings forecast

FSA

05/11/2025 23:50

** Shares of FSA Group FSA.AX rise as much as 20% to A$1.320, their highest level since February 26, 2020

** Stock logs its highest intraday pct gain since August 10, 2011

** Lender upgrades its full-year earnings forecast

** Co now expects annual profit before tax to be between A$23.5 million and A$25.9 million ($15.27 million and $16.83 million), a rise of 45% and 60% on its previous year

** Stock up over 60% this year, including the day's move

($1 = 1.5389 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))