Brief: Academies Australasia Group provides FY2016 EBITDA guidance

Academies Australasia

29/04/2016 07:59

April 29 (Reuters) - Academies Australasia Group Ltd  AKG.AX : 
 * Guidance for FY 2016 trading results  AKG.AX  
 * Preliminary forecast unaudited EBITDA for FY 2016 is expected to be a loss of approximately $1.45 million 
 * Primary reason for loss is poor performance of newco clb training & development as trustee for clb unit trust t/a spectra training 
 * Forecast unaudited EBITDA for spectra for FY 2016 is expected to be a loss of approximately $3.11 million 
 
 * Source text for Eikon  ID:nASX3JQNVZ  
 
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