Australia's Quickstep soars on FY forecast beat

Quickstep Holdings

23/07/2024 01:46

** Shares of Quickstep Holdings  QHL.AX  rise as much as 19%
to A$0.345, their highest level since June 6, 2023
    ** Aerospace engineering firm says its FY revenue of A$99
million ($65.72 million) beat co's forecast of A$94m-A$96m
    ** Adds, FY revenue was up 5% YoY
    ** Stock eyes its best day since July 15 - if current gains
hold
    ** Stock is up 7.4% this year as of last close

($1 = 1.5065 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))