Australia's L1 Group hits more than 2-year high on HY earnings surge

L1

25/02/2026 03:38

** L1G Group L1G.AX jumps as much as 9.2% to A$1.3, highest since early July 2023

** Stock posts biggest intraday pct gain since October 30, 2025

** Fund manager reports HY statutory profit after income tax expense attributable of A$52 mln ($36.9 mln), up from year-ago A$16.5 mln

** Posts HY total revenue and other income of A$490.8 mln vs A$46.5 mln in pcp

** Declares interim dividend of 1 AU cents/share

** Nearly 3.2 million shares traded, 1.2x the 30-day average

** YTD, L1G rises 13.6%

($1 = A$1.4106)

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))