Australia's Endeavour Group hits 2-week low on FY24 profit fall
** Shares of Endeavour Group EDV.AX fall as much as 4.2% to A$5.30, their lowest level since Aug. 9
** Hotel business co's NPAT falls 3.2% to A$512 mln ($347.44 mln) in FY24 due to increased finance costs
** Co posts 3.6% rise in FY24 sales
** Proposes final dividend of 7.5 AU cents per share, in line with last year
** Says underlying sales momentum in both retail and hotels segments has improved slightly in the first seven weeks of FY25 compared with Q4
** Stock up 6.1% YTD, as of last close
($1 = 1.4736 Australian dollars)
Reporting by John Biju in Bengaluru
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