Brief: GTN Sees Adjusted EBITDA For Year In Range Of A$19 Million-A$20 Million

Gtn

03/07/2023 02:43

July 3 (Reuters) - GTN Ltd  GTN.AX :
    * EXPECTS ADJUSTED EBITDA FOR YEAR IN RANGE OF A$19
MILLION-A$20
MILLION
    * EXPECTS REVENUE WILL BE IN RANGE OF A$176 MILLION-A$177
MILLION
FOR YEAR
    * FY REVENUE FROM COMPANY'S AUSTRALIA, BRAZIL AND CANADA
OPERATING
REGIONS IS EXPECTED TO INCREASE COMPARED TO FY22
    * EXPECTS NET IMPACT ON FY23 ADJUSTED EBITDA RESULTING FROM
DEPARTURE OF PREVIOUS CEO AND MANAGING DIRECTOR TO BE A$0.5
MILLION
    * FY REVENUE FOR UNITED KINGDOM OPERATING REGION IS EXPECTED
TO
DECLINE IN BOTH AUD AND LOCAL CURRENCY

Source text for Eikon:  ID:nASXc9Y0x4 
Further company coverage:  GTN.AX 

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