Australia's McPherson's set for worst day since August on softer FY26 outlook
14/07/2026 02:26
BUZZ-Australia's McPherson's set for worst day since August on softer FY26 outlook ** Shares of Australia's McPherson's MCP.AX fall 10.9% to A$0.1425, on track for their biggest drop since August 27, 2025, if the trend holds
** Health products supplier says it expects FY26 underlying EBITDA in the range of A$4 million to A$4.5 million ($2.77 million to $3.11 million), lower than A$7.3 million posted in the prior corresponding period
** Sees FY26 revenue from continuing operations of A$115.0 million to A$120.0 million vs A$139.0 million in FY25
** MCP down 40.6% YTD
($1 = 1.4455 Australian dollars)
(Reporting by Keshav Singh Chundawat in Bengaluru)
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