Australia's Propel Funeral gains most in a month on Q1 earnings jump

Propel Funeral Partners

12/10/2022 03:44

** Shares of Propel Funeral Partners  PFP.AX  rise as much
as 3.2% to A$4.860, seeing their best day since Sept. 15 
    ** The funeral care services co says it generated  revenue
of A$44 million ($27.48 million) for Q1 FY23, up about 33% from
last year on the back of organic growth and contributions from
acquisitions  urn:newsml:reuters.com:*:nTUEB7ZHR1
    ** Also posts Q1 earnings before interest, tax, depreciation
and amortisation of A$13 million, up 40% y-o-y
    ** Stock hits highest since Sept. 19 
    ** Stock has risen 6.32% this year, as of last close
($1 = 1.6013 Australian dollars)
 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))