Australia's Wiseway Group rises on positive 10-month results, outlook

Wiseway

26/05/2025 02:08

** Shares of Wiseway Group WWG.AX rise 9.1% to A$0.180, their highest levels since April 3

** Stock set for its strongest session since May 13 - if current trends hold

** The integrated logistics solutions provider posts a 60% increase in revenue for the 10-month period ended April 30

** Co also expects annual revenue growth in range of 53% to 63%

** Stock on track for fourth consecutive session of gains, if current trends hold

** About 72,544 shares change hands, 2x the 30-day average of 36,629 shares

** Stock up 38.5% YTD, including current session's moves

($1 = 1.5373 Australian dollars)

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))