Australia's IVE Group slips to near 1-month low on downbeat annual outlook

Ive

25/11/2025 03:09

** Shares of IVE Group IGL.AX fall as much as 7.7% to A$2.96, their lowest level since October 31

** Stock marks its worst session since August 26

** The diversified marketing firm posts softer-than-expected year-to-date revenue across retail and media sectors

** Projects full-year underlying net profit after tax at the bottom end of the previously forecasted range of A$50 million to A$54 million ($32.30 million to $34.91 million)

** Stock up 35.7% YTD, including the session's moves

($1 = 1.5470 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

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