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Australia's Kelsian rises after strong performance and outlook in US ops

ReutersMay 7, 2025 3:58 AM

Shares of Kelsian KLS.AX rise as much as 16.5% to A$3.25, posting their biggest intraday pct gain since July 2022

Stock hits its highest level since March 10

Transport provider and tourism operator says U.S. charter operations saw strong utilisation in Q3 with no material impact to date from tariff changes

Says ramp-up of U.S. industrial contracts are progressing well

Posts 9M underlying EBITDA of A$210 mln ($136.08 mln)

Stock pares YTD losses to 12.8%

($1 = 1.5432 Australian dollars)

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