Australia's IVE Group drops on downbeat half-yearly earnings

Iveco NV

25/02/2026 03:23

** Shares of Australia's IVE Group IGL.AX fall as much as 5.1% to A$2.82, their biggest intraday pct drop in 3 months

** Stock touches lowest level since January 21, 2026

** The diversified marketing firm's HY net profit attributable down 10.2% from last year

** HY revenue down 6.1%

** Declares interim dividend of 9.5 Australian cents/share

** Co expects FY26 underlying net profit after tax (NPAT) to be around A$50 million, compared with previous guidance range of A$50-A$54 million

** IGL down 4% YTD, including day's moves

($1 = 1.4106 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))