Australia's Pepper Money rises on better-than-expected results

Pepper Money

27/02/2025 01:38

** Shares of non-banking lender Pepper Money PPM.AX rise 9.5% to A$1.505

** Co posts CY2024 NPAT of A$98.2 million ($61.88 million), 7% above Visible Alpha consensus

** Co announces final dividend of 7.1 Australian cents per share vs 5 Australian cents last year

** About 219,000 shares change hands, 1.1x times the 30-day average

** Stock up 7.1% YTD, including session's moves

($1 = 1.5870 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.shaikh@thomsonreuters.com))