Australia's Healius slips on downgrading FY24 earnings guidance

Healius

25/06/2024 01:47

** Shares of Healius  HLS.AX  fall as much as 6% to A$1.405,
their lowest level since June 17
    ** Stock currently down 3%, faces worst day since May 28, if
current losses hold
    ** Healthcare services provider downgrades FY24 guidance
    ** HLS sees underlying FY24 EBITDA between A$345 mln to
A$350 mln($232.93 mln) as compared to previous guidance of A$359
mln to A$369 mln
    ** Co downgrades underlying FY24 EBIT between A$60 mln to
A$65 mln from previous guidance of A$70 mln to A$80 mln
    ** Stock fallen 9.9% this year as of last close

($1 = 1.5026 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))