Australia's Sigma Healthcare jumps after upgrading forecast on Chemist Warehouse boost

Sigma Healthcare

07/02/2025 24:28

** Shares of Australia's Sigma Healthcare  SIG.AX  rise 5%
to A$2.97, their highest level since January 30
    ** SIG among top 3 gainers in the ASX200 benchmark index
 .AXJO , which is trading flat as of 0013 GMT
    ** SIG hikes its full-year normalised operating earnings
outlook to between A$64 million ($40.21 million) and A$70
million, above the prior view of between A$50 million-A$60
million
    ** Says hike follows improved performance including strong
execution of the new Chemist Warehouse supply contract
    ** SIG's merger with Chemist Warehouse will be effective
next week
    ** SIG shares up 12.2% this year, including day's move

($1 = 1.5916 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))