Australia's RPMGlobal jumps on positive HY result, divestment

RPMGlobal Holdings

24/02/2025 04:46

** Shares of RPMGlobal Holdings  RUL.AX  rise 6.9% to A$2.8
    ** Stock rose as much as 9.5% to A$2.87, its highest level
since Feb 12
    ** Software firm posts 1H25 EBITDA of A$8.2 mln ($5.23 mln)
vs A$6.8 mln last year
    ** Attributes profit rise to sales growth in software
division
    ** Co to sell its global advisory division to private firm
SLR Consulting Australia for enterprise value of A$63 mln
    ** More than 998,000 shares change hands, 2.9 times the
30-day avg
    ** Stock down 7.9% YTD, including current session's moves

($1 = 1.5676 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))