Brief: CPT Global Says Market Conditions Deteriorated Sharply In Q3
26/04/2023 01:23
April 26 (Reuters) - CPT Global Ltd CGO.AX :
* MARKET CONDITIONS DETERIORATED SHARPLY IN Q3
* NORTH AMERICAN BUSINESS WAS IMPACTED WITH MONTHLY REVENUE
DROPPING BY AROUND 40% FROM Q2 TO Q3
* MARKET CONDITIONS DETERIORATING IMPACTING PROJECT
EXTENSIONS AND
CAUSING DELAYS IN APPROVAL OF NEW BUSINESS
* EXPECT FULL YEAR REVENUE TO BE LOWER THAN FY 2022'S
A$29.9M AND
FOR A LOSS TO BE RECORDED IN H2
Source text for Eikon: ID:nASX87Xm14
Further company coverage: CGO.AX
((Reuters.Briefs@thomsonreuters.com;))
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