BUZZ-Australia's Articore Group hits record low on weak outlook, lower HY revenue

Reuters
30 Jan
BUZZ-Australia's Articore Group hits record low on weak outlook, lower HY revenue

** Shares of Articore Group ATG.AX fall 11.3% to a record low of A$0.235

** The online marketplace operator reports a 12% fall in its half-yearly marketplace revenue to A$230.4 mln ($143.68 mln)

** Co says trading conditions are expected to remain soft in key markets in FY25

** Stock marks its worst intraday pct drop since Nov. 22

** Stock down 16% this year, including day's move

($1 = 1.6036 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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