2343 GMT - E&P retail analyst Phillip Kimber says Aussie grocer Coles posted a better-than-expected 1H result, with earnings 5% and profit 8% above consensus. He expects consensus estimates to rise 5% for the full FY 2025 and to continue to support the share price, which had already risen some 5% leading into the result. Coles shares are up in early trade following the 1H result, with a roughly 4% gain to A$20.51. (mike.cherney@wsj.com; @Mike_Cherney)
(END) Dow Jones Newswires
February 26, 2025 18:43 ET (23:43 GMT)
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