Australia's Monash IVF Group rises on upbeat results, forecast

Monash IVF

27/02/2025 03:11

** Shares of Monash IVF Group MVF.AX rise 4.7% to A$1.22

** Stock hits highest level since mid-January

** The fertility services provider posts 1H25 underlying NPAT of A$15.8 million, up 5.5% from previous year

** Co expects to record underlying group NPAT between A$30 million and A$31 million in FY25 compared to A$29.9 million in FY24

** Co posts 1H25 revenue growth of 11.6% to A$10.3 million

** About 810,200 shares change hands, 1.3 times the 30-day average volume of shares

** Stock down 8.3% this year, as of last close

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com;))