Brief: Wellington Drive Technologies Says FY19 Revenue Expected To Be Around NZ$61 Mln

Aofrio

23/12/2019 06:18

Dec 23 (Reuters) - Wellington Drive Technologies Ltd
 WDT.NZ :
    * FY2019 REVENUE IS EXPECTED TO BE AROUND NZ$61M VERSUS
NZ$58.8M
LAST YEAR
    * FY2019 EBITDA IS EXPECTED TO BE WITHIN THE PREVIOUS
GUIDANCE
RANGE OF NZ$3.5 TO NZ$4.0M
    * PRELIM FORECASTS FOR 2020 SUGGEST POTENTIAL FOR REVENUE
GROWTH
OF AROUND 15% AND EBITDA AROUND NZ$4.5M

Source text for Eikon:  urn:newsml:reuters.com:*:nNZWbhLhXP
Further company coverage:  WDT.NZ 

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