BUZZ-Australia's BWP Trust gains on upbeat HY earnings

Reuters
02-05
BUZZ-Australia's BWP Trust gains on upbeat HY earnings

** Shares of BWP Trust BWP.AX rise 1.5% to A$3.34

** Stock eyes best session since Dec. 17, 2024

** Real estate investment trust posts HY profit attributable of A$157.1 mln ($98.23 mln) versus A$53.2 mln from a year earlier

** Co's posts interim distribution per unit of 9.20 AU cents and provides distribution outlook of 9.46 AU cents/unit for 2H25

** Adds, HY revenue from ordinary activities of A$100.6 mln vs A$82.3 mln

** Stock is largely unchanged this year as of last close

($1 = 1.5992 Australian dollars)

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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