BUZZ-Australia's South32 gains on H1 earnings surge

Reuters

2025/02/13

** South32 S32.AX rises 2.3% to A$3.51, highest since Feb. 7

** Miner logs underlying earnings of $375 mln in H1, surging 838% y/y

** Citi says co's underlying earnings beat its estimates and slightly ahead of Visible Alpha consensus estimate of $370.1 mln

** Stock rose as much as 2.9% to A$3.530 earlier in the day, marking its biggest intraday pct gain since Feb. 5

** S32 up more than 3% YTD

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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