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ARB jumps on bumper lockdown trading update

Lucas Baird
Lucas BairdReporter
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Credit Suisse analysts have tipped pre-tax profits at ARB Corp to normalise in the second-half of the 2021 financial year after the company unveiled a bumper trading update that triggered a 6 per cent surge in its share price.

ARB Corp warned investors to not take Tuesday's statement as an indicator of future success, citing a rocky economic terrain.   

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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com

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    Original URL: https://www.afr.com/companies/manufacturing/arb-jumps-on-bumper-lockdown-trading-update-20210112-p56tee