Australia's Lycopodium falls on full-year profit decline

Lycopodium

20/08/2025 03:40

** Shares of construction services provider Lycopodium LYL.AX fall 2.4% to A$11.935, lowest level since Aug. 12

** Stock on track for biggest daily pct decline since July 29, if trends continue

** Co reports 16.8% fall in FY profit attributable at A$42.2 million ($27.14 million)

** Declares a final dividend of 25 Australian cents per share vs 40 AU cents apiece last year

** About 94,650 shares change hands, 2.9x the 30-day average of 32,453

** Stock up 20.1% YTD, including moves in current session

($1 = 1.5550 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))