Australia's SRG Global jumps most in over 2 months on annual outlook hike

SRG Global

10/05/2023 02:05

** Mining services provider SRG Global Ltd  SRG.AX  rises as
much as 6.3% to A$0.765, marking its biggest intraday jump since
Feb. 23
    ** Says now expects FY23 EBITDA in range of A$79 mln ($53.59
mln) to A$80 mln, up from prior view of A$72 mln to A$75 mln
    ** Hike in outlook due to integration of Asset Care
business; adds it is performing strongly across all three
segments
    ** SRG at its highest level since April 24; up 4.4% this
year, as of last close, vs a 3.3% decline in the ASX All
Ordinaries index  .AORD  


($1 = 1.4743 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))