Brief: Gud Holdings Posts FY Reported Net Profit From Continuing Operations Attributable A$27.3 Mln

Amotiv

15/08/2022 24:12

Aug 15 (Reuters) - GUD Holdings Ltd  GUD.AX :
    * FY REPORTED NET PROFIT FROM CONTINUING OPERATIONS
ATTRIBUTABLE
A$27.3 MILLION
    * FY UNDERLYING PROFIT FROM CONTINUING OPERATIONS AFTER TAX
ATTRIBUTABLE A$89 MILLION
    * FY REVENUE A$835.5 MILLION
    * DURING THE FIRST HALF OF FY23 NEW VEHICLES  SALES ARE
EXPECTED
TO REMAIN SUBDUED AS A RESULT OF CONSTRAINED SUPPLY
    * DEFERRED DEMAND IS SET TO BE REALISED AS THE ANTICIPATED
RECOVERY TO LONG-TERM TREND TAKES HOLD IN FY23 AND FY24
    * EXPECT APG TO CAPITALISE ON MARKET SHARE OPPORTUNITIES AS
COMPETITORS STRUGGLE WITH OPERATIONAL CHALLENGES
    * EXPECT THE WATER PERFORMANCE TO IMPROVE IN FY23

Source text for Eikon:  ID:nASX8myl6s 
Further company coverage:  GUD.AX 

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