Brief: Eureka Group Sees FY23 Underlying EBITDA Of A$12.2 Million - A$12.5 Million

Eureka group

04/07/2023 02:16

July 4 (Reuters) - Eureka Group Holdings Ltd  EGH.AX :
    * FORECAST FY23 UNDERLYING EBITDA GUIDANCE HAS BEEN UPGRADED
TO
A$12.2 MILLION - A$12.5 MILLION
    * WELL POSITIONED TO CONTINUE TO DELIVER BENEFITS OF
EXECUTING OUR
GROWTH STRATEGY IN FY24 AND BEYOND
    * DRAFT INDEPENDENT VALUATIONS OF PROPERTY PORTFOLIO
INDICATE NET
REVALUATION UPLIFT OF A$17.5 MILLION FROM 31 DEC 2022 TO 30 JUNE
2023
    * STAGE ONE COMPRISING 10 OF 51 HOMES OF BRASSALL
DEVELOPMENT IN
SOUTH-EAST QUEENSLAND ON TRACK FOR COMPLETION BY 31 JULY
    * NAB HAS EXTENDED GROUP'S A$83 MILLION DEBT FACILITY
THROUGH TO
31 MARCH 2026

Source text for Eikon:  ID:nASX5jn9Dr 
Further company coverage:  EGH.AX 

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