Brief: AMA Group Sees FY23 Normalised Post-AASB 16 EBITDA A$60 Mln To A$68 Mln

Ama

17/04/2023 02:20

April 17 (Reuters) - AMA Group Ltd  AMA.AX :
    * SEES FY23 GUIDANCE UPDATED TO A$60 - A$68 MILLION
NORMALISED
POST-AASB 16 EBITDA
    * CONTINUES TO SEE STRONG REPAIR VOLUME DEMAND
    * ONGOING HIGH INFLATIONARY ENVIRONMENT AND INCREASE IN
SEVERITY
OF REPAIRS CONTINUES TO IMPACT COST TO REPAIR
    * 3Q23 VOLUMES WERE UP 5% ON 2Q23
    * EXPECTS TO BE OPERATING CASH FLOW POSITIVE FOR 2H23
EXCLUDING
PRINCIPAL ELEMENTS OF LEASES

Source text for Eikon:  ID:nASX3JpCZF 
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