Brief: Hipages Group Says In FY24 Will Take Next Important Step By Integrating Full Tradie Workflow

Hipages group

24/08/2023 02:26

Aug 24 (Reuters) - Hipages Group Holdings Ltd  HPG.AX :
    * IN FY24  WILL TAKE NEXT IMPORTANT STEP BY INTEGRATING FULL
TRADIE WORKFLOW INTO A SINGLE APP
    * EXCITED ABOUT OUTLOOK FOR FY24
    * SEES CONTINUED TRADING MOMENTUM SUPPORTS OUR POSITIVE FREE
CASH
FLOW TARGET FOR FY24
    * GROUP'S OUTLOOK FOR FY24 IS POSITIVE, WITH CORE
MARKETPLACE
BUSINESS CARRYING STRONG MOMENTUM
    * FOR FY24, GROUP IS TARGETING REVENUE GROWTH RATE IN LOW
TEENS
AND AN EBITDA MARGIN OF APPROXIMATELY 20%
    * WITH TECHNOLOGY INVESTMENT TO STABILISE, MANAGEMENT TEAM
IS
TARGETING POSITIVE FREE CASH FLOW IN FY24

Source text for Eikon:  ID:nASX2pbWqj 
Further company coverage:  HPG.AX 

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