Australia's Lycopodium hits record high after robust first-half earnings

Lycopodium

22/02/2023 24:44

** Shares of engineering consulting firm Lycopodium  LYL.AX 
jump as much as 9.6% to an all-time high of A$8.370 
    ** Co posts HY net profit attributable of A$19.8
million($13.59 million), up 29% from a year ago
    ** Says HY revenue increased by 56% to A$159.9 million vs
year ago 
    ** Declares interim dividend of 36 AU cents per share, up
from 18 AU cents per share announced last year 
    ** Shares on track for their biggest pct gain since Aug.
2022 
    ** More than 44,600 shares change hands as compared with the
30-day average volume of ~16,231 shares   
    ** Stock up 11.5% this year as of last close, vs a 4.2%
increase in the benchmark S&P/ASX 200 index  .AXJO  
($1 = 1.4571 Australian dollars)
 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))