Brief: Fleetpartners Says Operating Expense Is Expected To Be Up By 4 To 5% In FY24

FleetPartners

25/01/2024 01:27

Jan 25 (Reuters) - Fleetpartners Group Ltd  FPR.AX :
    * SEES BUSINESS TRANSFORMATION PROGRAM TO COST A$25 MILLION
AND
DELIVER A$6 MILLION ANNUALISED REDUCTION TO OPERATING EXPENSES
BY MID-FY25
    * OPERATING EXPENSE IS EXPECTED TO BE UP BY 4 TO 5% IN FY24
    * 1Q24 NEW BUSINESS WRITINGS AT A$227 MILLION, UP 39%
    * OPERATING EXPENSE IS EXPECTED TO BE UP BY 4 TO 5% IN FY24

Source text for Eikon:  ID:nASX6QmvBN 
Further company coverage:  FPR.AX 

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