Australia's Trajan sinks to record low on second-half earnings impact

Trajan group

27/05/2026 04:58

** Shares of Trajan Group Holdings TRJ.AX fall as much as 10.2% to a lifetime low of A$0.265
** Stock books largest intraday pct loss since May 21
** Life sciences products developer says appreciation of AUD against both USD and EUR will affect translation of results from co's overseas ops in 2H26
** Says at current rates, 2H26 reported results could be impacted by around A$4 million ($2.86 million) in revenue and A$2 million in net EBITDA
** Adds while Trajan's cash position is protected against such movement in AUD/USD due to substantial forex hedging contracts in place through to June 2027, those benefits and other non-cash FX impacts are excluded from reported nEBITDA
** Stock down 60.7% YTD, including the day's moves

($1 = 1.3968 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))