Brief: Domain Holdings Australia Sees FY23 Costs To Be In Range Of A$250 Mln To A$255 Mln

Domain Holdings Australia

19/12/2022 23:59

Dec 20 (Reuters) - Domain Holdings Australia Ltd
 DHG.AX :
    * FY23 EBITDA MARGINS ARE EXPECTED TO SEE A LOW SINGLE DIGIT
PERCENTAGE POINT REDUCTION VERSUS FY22
    * FY23 COSTS ARE EXPECTED TO BE IN RANGE OF A$250 MILLION TO
A$255
MILLION
    * FY23 H1 EBITDA IS EXPECTED TO BE AROUND A$48 MILLION
    * MATERIAL IMPROVEMENT IN FY23 H2 EBITDA ANTICIPATED WITH
HIGHER
REVENUE, ADDITIONAL A$15-A$20 MILLION COST BENEFIT VERSUS H1
    * DECEMBER MONTH TO DATE LISTINGS ARE DOWN AROUND 51% IN
SYDNEY
AND  37% IN MELBOURNE
    * FY23 H2 WILL BENEFIT FROM  CONSIDERABLY EASIER REVENUE AND
CONTROLLABLE YIELD BASE OF COMPARISON THAN FY23 H1

Source text for Eikon:  ID:nASX6NC8VH 
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