Brief: Alcidion Group Says Cash Flow For H2'24 Is Expected To Be Positive

Alcidion

28/02/2024 01:30

Feb 28 (Reuters) - Alcidion Group Ltd  ALC.AX :
    * CASH FLOW FOR H2'24 IS EXPECTED TO BE POSITIVE
    * EXPECT TO ACHIEVE H2'24 REVENUE SIMILAR TO H1'24
    * WILL REALISE A$2.2M OF PROPOSED COSTS SAVING IN FY24
    * DOES NOT EXPECT TO  BE UNDERLYING EBITDA POSITIVE FOR FULL
YEAR
FY24
    * EXPECTS TO ACHIEVE AN IMPROVEMENT IN H2’24 UNDERLYING
EBITDA

Source text for Eikon:  ID:nASX7ZRW6Z 
Further company coverage:  ALC.AX 

 ((Reuters.Briefs@thomsonreuters.com;))