Brief: Hipages Group Holdings Expects EBITDA Margin For FY22 To Be Lower Than FY21

Hipages group

11/11/2021 01:01

Nov 11 (Reuters) - Hipages Group Holdings Ltd  HPG.AX :
    * EXPECT OUR EBITDA MARGIN FOR FY22 TO BE LOWER THAN FY21
    * EBITDA MARGIN EXPECTED TO RETURN TO FY21 LEVELS BY END OF
FY22
    * EXPECT REVENUE RUN RATE EXITING FY22 TO BE SAME AS
EXPECTED
BEFORE LOCKDOWNS
    * FY22 EBITDA MARGIN TO BE IMPACTED BY SUPPORTING TRADIE
CUSTOMERS
& INCREASED INVESTMENT IN BRAND AND TECHNOLOGY

Source text for Eikon:  ID:nASX3pgBsN 
Further company coverage:  HPG.AX 

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