Brief: GTN FY21 Earnings And Trading Update

Gtn

29/06/2021 02:18

June 29 (Reuters) - GTN Ltd  GTN.AX :
    * GTN LTD - GTN FY21 EARNINGS AND TRADING UPDATE-GTN.AX
    * GTN LTD SEES FY ADJUSTED EBITDA WILL BE IN RANGE OF $13
MILLION-$14 MILLION
    * GTN LTD SEES  FY REVENUE IN RANGE OF $142 MILLION TO $144
MILLION
    * GTN - CANADIAN OPERATIONS REVENUE IS EXPECTED TO DECREASE
SLIGHTLY IN 2H FY21 COMPARED TO 2H FY20 DUE TO COVID-19 & FOREX
RATES
    * GTN LTD- REVENUE OF AUSTRALIAN OPERATIONS IN 2H FY21 IS
EXPECTED
TO INCREASE 23-24% WHEN COMPARED TO 1H FY21
    * GTN-REVENUE BOOKED TO DATE IN LOCAL CURRENCIES FOR Q1 FY22
IN
ALL OPERATING REGIONS SUBSTANTIALLY AHEAD OF REVENUE BOOKED SAME
DATE LAST YEAR

Source text for Eikon:  ID:nASX4pCmsj 
Further company coverage:  GTN.AX 

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