Australia's Monash IVF at over four-month high on upbeat FY27 outlook
BUZZ-Australia's Monash IVF at over four-month high on upbeat FY27 outlook ** Shares of Australia's Monash IVF Group MVF.AX advance as much as 12.3% to A$0.792, hitting their highest level since April 13
** Stock extends gains after the fertility services provider outlines an upbeat FY27 outlook and declares a final dividend
** Co says it expects FY27 performance to strengthen on market share gains, increased medical capacity and productivity initiatives
** Adds, it plans to cut FY27 capital expenditure by about 50%
** Co resumes dividends and declares a final dividend of 1.3 AU cents per share
** Free cash flow improves to A$12.9 million ($9.3 million)from negative A$4.5 million a year earlier
** YTD, stock up 4.8%
($1 = 1.3947 Australian dollars)
(Reporting by Paridhi Minda in Bengaluru)
((Paridhi.minda@thomsonreuters.com; X:))
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