Brief: Korvest Says Expected 1H Profitability For FY24 Will Be At Least At Level Achieved In 1H Of FY23
Oct 31 (Reuters) - Korvest KOV.AX :
* EXPECTED THAT FIRST HALF PROFITABILITY FOR FY24 WILL BE AT
LEAST
AT LEVEL ACHIEVED IN FIRST HALF OF FY23
* SALES TEAMS EXPECT AT LEAST 1 MAJOR INFRASTRUCTURE PROJECT
TO BE
AWARDED IN FY24
* SLIGHT SOFTENING OF STEEL PRICES EXPECTED TOWARDS END OF
CALENDAR YEAR 2023
* KORVEST EXPECTS CURRENT LEVEL OF ACTIVITY TO CONTINUE
THROUGHOUT
FIRST HALF OF FY24
Source text for Eikon: ID:nASX6jkTl7
Further company coverage: KOV.AX
((Reuters.Briefs@thomsonreuters.com;))
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