Australia's Jumbo Interactive hits more than 21-month high on strong HY results

Jumbo Interactive

23/02/2024 24:42

** Shares of Jumbo Interactive  JIN.AX  rise as much as 8.4%
to A$17.39, their highest since May 5, 2022 
    ** Digital lottery co reports 14.5% rise in HY underlying
net profit after tax to A$20.8 mln ($13.65 million); declares
interim dividend of 27 AU cents per share 
    ** Co reaffirms FY24 underlying EBITDA margin to be in range
of 48% to 50% 
    ** Shares see best day since Jan 19 - if current trend holds
    ** Stock had risen ~15.3% this year, as of last close

($1 = 1.5242 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))