Australia's SDI rises on strong FY sales

SDI

26/08/2022 04:51

** Shares of SDI Ltd  SDI.AX  climb as much as 4.2% to
A$0.875, their highest since Aug. 9
    ** Stock, however, on track for first weekly loss in five  
    ** Dental restoratives maker says it recorded total FY22
sales of A$95.2 mln ($66.34 mln), driven by strong growth in all
products and regions  urn:newsml:reuters.com:*:nFWN3012KB
    ** However, earnings before interest, tax, depreciation and
amortization fell 12.4% to A$14.7 mln due to elevated freight
charges
    ** Co declares final fully franked ordinary dividend of 1.75
Au cents per share
    ** Stock sees best day since Aug. 8 if gains hold 
    ** Stock down ~17.2% this year, as of last close


($1 = 1.4349 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))