Australia's Propel Funeral Partners at record high on upbeat Q1 results

Propel Funeral Partners

07/11/2024 01:02

** Shares of Propel Funeral Partners  PFP.AX  rise as much
as 2.7% to a record high of A$6.16
    ** Funeral services provider posts Q1 operating EBITDA of
A$16.5 mln ($10.8 mln), up 15% from a year ago
    ** Says Q1 revenue up 16% from a year ago to A$61.5 mln
    ** Stock up 16.3% this year, as of last close

($1 = A$1.5230)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))