Updates
** Shares of Aussie Broadband ABB.AX rise as much as 12% to A$4.10, hitting their highest level since March 27
** By FY28, ABB aims to have group revenue surpass A$1.6 bln ($980.32 mln), with EBITDA margins expected to expand beyond 12.5% - co
** Analysts at Citi see ABB reaffirming FY25 guidance to be well received by market
** Co reaffirmed underlying EBITDA for FY25 expected to be in the range of A$133 mln to A$138 mln
** Citi says ABB's FY28 ambitions largely exceed forecasts especially on revenue and National Broadband Network market share
** Maintains "buy" rating on stock
** Stock up 9.1% YTD, including day's moves
($1 = 1.6321 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com))
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