Australia's Navigator Global Investments falls on FY26 profit drop
24/08/2026 05:27
BUZZ-Australia's Navigator Global Investments falls on FY26 profit drop ** Shares of Australia's Navigator Global Investments NGI.AX fall as much as 11.5% to A$2.300, marking its biggest intraday pct loss since February 23
** Stock hits its lowest level since July 31
** Asset manager posts FY26 net profit attributable of $21.2 million, down 82% on FY25
** Company reports adjusted EBITDA of $101.9 million, down 10% y-o-y
** Including the day's moves, stock down 18% YTD
(Reporting by Paridhi Minda in Bengaluru)
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