Australia's Inghams plunges as it looks to move poultry indoors amid influenza virus
BUZZ-Australia's Inghams plunges as it looks to move poultry indoors amid influenza virus ** Shares of Inghams ING.AX fall as much as 13.8% to A$1.810, their biggest intraday pct fall since February 20
** Co says it is seeking an order from the Australian Government’s Chief Veterinary Officer to move free range poultry in Western Australia indoors amid presence of the H5N1 avian influenza strain in two wild birds in Western Australia
** Co flags its chicken breeder farms and grower network are primarily located in north of Perth, about 690 – 770 kilometres from Esperance, where the virus was detected
** YTD, ING down 25.3%
(Reporting by Nichiket Sunil in Bengaluru)
Recent news on Inghams
See all newsAustralia's Inghams rises as Canadian pension fund PSP Investments discloses stake
Brief: Inghams Notes PSP Investments Lodged Substantial Shareholder Notice Disclosing 5.62% Stake In Co
Australia's Inghams hits near three-month low on ex-dividend trade
Australia's Inghams Group marks worst day in two months on annual profit drop
Brief: Inghams Group Expects FY27 Underlying EBIT (Post Aasb 16) Between A$155.0-A$180.0 Million