Australia's Superloop hits record high on 2026 outlook upgrade
03/06/2026 01:40
BUZZ-Australia's Superloop hits record high on 2026 outlook upgrade ** Shares of Superloop SLC.AX rise as much as 8.1% to a record peak of A$3.87
** The telecom firm raises FY26 underlying EBITDA forecast to the range of A$118 million to A$122 million ($84.65 million to $87.52 million), from previous forecast of A$112 million-A$120 million
** FY26 capex forecast has increased by A$2 million to a range of A$34 million to $37 million, excluding the IRU
renewal
** Stock up 45.2% this year, including the day's move
($1 = 1.3939 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru)
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