Australia's Superloop at nearly 9-year peak on strong FY25 outlook

Superloop

30/06/2025 02:13

** Superloop SLC.AX rises as much as 7.4% to A$3.2, highest since September 13, 2016

** Stock marks biggest intraday pct gain since November 22, 2024

** Telecom co estimates underlying earnings before taxation, depreciation and amortisation for FY25 to be ~A$91 mln ($59.4 mln), higher than A$54.3 mln a year ago

** SLC last up 2.4%, taking YTD gains to 36%

($1 = A$1.5314)

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))