Australia's Lycopodium hits nearly 3-month high on upbeat forecast

Lycopodium

13/11/2025 03:57

** Shares of Lycopodium LYL.AX jump as much as 6.7% to A$13.59, their highest level since August 20

** Construction and engineering firm expects FY26 net profit after tax to be between A$40 million and A$44 million ($25.99 million and $28.59 million), compared with A$42.2 million reported for FY25

** Co expects FY26 revenue to be between A$390 million and A$410 million, compared with A$339.6 million reported for FY25

** About 54,300 shares change hands, 1.5x the 30-day average volume

** YTD, stock up 32.6%, including day's moves

($1 = 1.5389 Australian dollars)

 (Reporting by Aamir Sheik Khalidi n Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))