Australia's Lycopodium hits record high on upbeat annual guidance

Lycopodium

19/08/2026 06:56

** Shares of Lycopodium LYL.AX climb as much as 15.8% to a record high of A$21.79
** On track to log its best session since later August, 2022
** The construction firm sees full-year net profit after tax of A$54 million - A$58 million ($38.16 million - $40.99 million), compared to 40.2 million posted on Wednesday
** Sees FY27 revenue of A$540 million - A$580 million , higher than the A$377.5 million reported in FY26
** About 574,000 shares change hands, 15.2 times the 30-day avg
** Stock is up ~55% YTD, including the session's moves
     
($1 = 1.4150 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))