Shares in food transport business Lindsay Australia are up nearly 17 per cent to $1.22 at noon AEST after the group raised its earnings guidance following the failure of Scott's Refrigerated Logistics.
-------------------
and below that, quotes from this morning's announcement.
Good news like this sees more institutions and a few more prospective retail holders paying a few minutes' attention to LAU.
There were some days IIRC two or three years ago when there was no turnover in its scrip. Not normally the case in 2023.
Two years ago, LAU would have been most unlikely to ever make it into newspapers' business sections in print or online.
However today in 'The Australian' online, we have:Earnings boost for Lindsay after Scott's RL fail
