Australia's Ventia Services rises on upbeat FY earnings, outlook

Ventia Services

19/02/2025 02:24

** Shares of Ventia Services Group  VNT.AX  rise 5.4% to
A$4.07
    ** Stock hits highest level since December 12
    ** Infrastructure services provider posts FY24 NPATA of
A$227.9 million ($144.67 million), up 12.8% from a year earlier
    ** Co sees FY25 underlying NPATA growth of 7%-10% compared
to FY24
    ** Stock up 7.2% this year, as of last close

    
($1 = 1.5753 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.shaikh@thomsonreuters.com))