Brief: Ardent Leisure Sees Business Anticipates Breaking Even In 2H23

Coast Entertainment Holdings

10/07/2023 02:38

July 10 (Reuters) - Ardent Leisure Group Ltd  ALG.AX :
    * BUSINESS ANTICIPATES BREAKING EVEN IN 2H23 AND TO DELIVER
ITS
FIRST POSITIVE FULL-YEAR EBITDA RESULT
    * SHORT-TERM HEADWINDS OF MACROECONOMIC CONDITIONS MAY LEAD
TO
MORE MODERATE GROWTH IN NEAR TERM
    * DURING YEAR, CORPORATE COSTS RECORDED A MARGINAL DECREASE
COMPARED TO PRIOR YEAR
    * MAJORITY OF COSTS ARE EXPECTED TO BE INCURRED IN FY24 AND
EARLY
FY25

Source text for Eikon:  ID:nASXbzD7W5 
Further company coverage:  ALG.AX 

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