Australia's Nickel Industries falls on FY revenue drop

Nickel Industries

23/02/2026 24:58

** Nickel Industries NIC.AX falls as much as 7.4% to A$0.940; marks steepest intraday pct fall since August 28, 2025

** Stock hits lowest since February 10

** Nickel producer posts full-year revenue of $1.65 billion below $1.74 billion pcp

** Reports adjusted EBITDA of $283 million vs year-ago $326 million

** YTD, NIC gains 12.6%

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))