Brief: Beam Communications Says H2 Forecast To Be Weaker Than PCP

Beam Communications Holdings

30/11/2023 06:58

Nov 30 (Reuters) - Beam Communications Holdings Ltd
 BCC.AX :
    * H2 FORECAST TO BE WEAKER THAN PCP LARGELY DUE TO ORDER
DEFERMENT
INTO FY25
    * SEES FY24 NORMALISED EBITDA IN RANGE A$3.1 MILLION - A$3.6
MILLION
    * HIGHER CASH BALANCE EXPECTED IN FY24 DESPITE CAPEX FOR NEW
INNOVATIONS AND ARBITRATION COSTS
    * CAPEX OF CIRCA A$3 MILLION IN FY24 FOR DEVELOPMENT OF TWO
NEW
INNOVATIONS
    * H1 2024 REMAINS IN-LINE WITH EXPECTATIONS

Source text for Eikon:  ID:nASX5YKKw9 
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