Australia's Senetas Corp rises to five-month high on projecting strong annual earnings

Senetas

08/05/2026 01:44

** Shares of Australia's Senetas Corp SEN.AX rise as much as 6.3% to A$2.55, their highest level since December 2, 2025

** Stock marks the biggest intraday pct gain since April 30

** Defence technology firm expects operating business revenue and profit to grow in FY2026, supported by stronger sales momentum and increased focus on key growth markets

** Says Asia and the Middle East are increasingly providing co with its most attractive new sales opportunities

** About 73,894 shares change hands, 4.8x the 30-day average

** Stock up 6.7% YTD

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))