Brief: Redbubble Expects Trading Conditions To Remain Soft In Its Key Markets

Articore

22/08/2023 02:23

Aug 22 (Reuters) - Redbubble Ltd  RBL.AX :
    * EXPECTS TRADING CONDITIONS TO REMAIN SOFT IN ITS KEY
MARKETS,
PARTICULARLY US, IN NEAR TERM
    * EXPECTS ITS FY24 GPAPA MARGIN TO BE BETWEEN 23% AND 26%.
    * EXPECTS TO SEE FULL BENEFIT OF COST-SAVING MEASURES
IMPLEMENTED
IN FY23 IN FY24
    * EXPECTS ITS FY24 OPERATING EXPENDITURE TO BE BETWEEN A$92
MILLION AND A$100 MILLION.
    * AIMING TO DELIVER POSITIVE UNDERLYING CASH FLOW FOR FY24.

Source text for Eikon:  ID:nASX1j1Rjl 
Further company coverage:  RBL.AX 

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