Kelsian Group extends gain on retaining annual estimates post dismal HY

Kelsian

04/03/2025 24:14

** Shares of Australia's Kelsian Group KLS.AX gain 6.6% to A$3.55; hits highest since February 25

** KLS emerges as the top gainer on benchmark .AXJO index, which is trading lower; KLS marks second straight session of gains

** KLS ended over 7% higher on Monday after it reaffirmed its FY25 forecasts while responding to an ASX inquiry

** The tourism operator dropped to a near five-year low on February 26 after its HY profit dropped

** Continues to anticipate underlying EBITDA between A$283 million ($175.88 million) and A$295 million

** Stock down 4.8% YTD

($1 = 1.6090 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru)

 ((Rishav.Chatterjee@thomsonreuters.com))