Australia's Lycopodium slips on disappointing FY26 profit outlook
18/02/2026 01:03
** Lycopodium LYL.AX slips as much as 11.2% to A$13.18; on track for worst day since February 19, 2025 ** Stock hits lowest since December 11, 2025 ** Construction and engineering firm issues guidance for FY26 net profit after tax in range of A$37 million-A$41 million ($26.2 million-$29 million), below FY25 net profit of A$42.2 mln ** Reports 27.7% y/y decline in HY net profit ** About 64,000 shares traded, 1.7x the 30-day avg ($1 = A$1.4130) (Reporting by Anjali Singh in Bengaluru) ((anjali.singh2@thomsonreuters.com;))
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