BUZZ-Australia's Endeavour Group hits record low on flat Q1 sales

Reuters
11 Nov 2024

** Endeavour Group falls as much as 5.9% to record low of A$4.450

** Pub operator reports largely flat Q1 sales of A$3.11 bln ($2.05 bln) y/y

** Sees H1 2025 retail operating EBIT margin in 7%-7.5% range vs year-ago 8%

** Stock posts biggest intraday pct fall since late August

** EDV down 13.2% YTD

($1 = A$1.5172)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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