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Why Did Codan’s Shares Surge Despite Earnings Meeting Expectations?

12:41pm on Monday 1st of September, 2025 AEST Technology
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Why Did Codan’s Shares Surge Despite Earnings Meeting Expectations?

12:41pm on Monday 1st of September, 2025 AEST
Key Points
  • FY25 earnings within 5% of analyst consensus
  • Communications division revenue slightly exceeded guidance
  • No material variance requiring early disclosure identified
  • Share price rise linked to favorable macroeconomic conditions
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