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Australian Clinical Labs hits seven-month high on upbeat FY25 outlook



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** Shares of Australian Clinical Labs ACL.AX rise as much as 17.3% to A$3.12 - a seven-month high

** Pathology services provider posts FY24 rev of A$696.4 mln ($473.5 mln); forecasts FY25 rev of A$725 mln-A$752 mln

** Co posts FY24 underlying EBIT A$62.6 mln; forecasts FY25 underlying EBIT of A$65 mln-A$73 mln

** Stock set for best month since Feb. 2023

** ACL sees busiest session since mid-July as 2.8 mln shares exchange hands by 0530 GMT, 2.1x the 30-day avg vol

** Stock has fallen 8% so far this year, as of last close


($1 = 1.4699 Australian dollars)



Reporting by Sherin Sunny in Bengaluru

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