Australia's Redox on course for best day in 6 months on higher HY earnings

Redox

19/02/2026 04:54

** Shares of Australia's Redox RDX.AX rise as much as 5.8% to A$2.92, in their biggest intraday pct gain in six months

** Stock touches highest level since February 12, 2026

** Raw materials distributor posts HY profit after tax attributable of A$43.8 million ($30.91 million), up 8.9% from a year earlier

** Co logs HY revenue of A$673.6 million, up 6.6% from a year earlier

** Adds, declares interim dividend of 6.5 Australian cents apiece

** Despite moves, RDX down 5.6% YTD

($1 = 1.4170 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))