Australia's EVT slips as Q1 profit falls

EVT

18/10/2024 04:08

** Shares of EVT  EVT.AX  fall as much as 4.2% to A$10.63,
their largest intraday pct loss in over four week
    ** The leisure and recreation business co posts Q1 EBITDA of
A$51.2 mln ($34.4 mln), down A$22.3 mln vs last year
    ** Says earnings impacted by weak results of entertainment
and Thredbo Resort segments
    ** EVT down ~11.3% YTD, including current session's moves
 
 ($1 = 1.4894 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))