Diversified investor SGH hits record high on consensus-beating results

SGH

11/02/2025 24:04

** Shares of Australian diversified investor SGH  SGH.AX 
rise as much as 9.5% to a record high of A$53.250 
    ** Stock last up 7.8% at A$52.480, among top 3 gainers in
the ASX200 benchmark index  .AXJO 
    ** Co says 1H25 net profit attributable more than doubled to
A$523.5 million ($328.23 million), comfortably beating Visible
Alpha consensus of A$482.7 million
    ** Maintains FY25 outlook of high single-digit EBIT growth
    ** Says Boral EBIT A$259 million, up 29%; Boral is a company
owned by SGH
    ** Stock up 13.1% this year, including current session's
moves

($1 = 1.5949 Australian dollars)

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))