Brief: Macmahon Holdings Announces FY23 Guidance Revenue Of Between A$1.6 Bln And A$1.7 Bln

Macmahon Holdings

23/08/2022 02:26

Aug 23 (Reuters) - Macmahon Holdings Ltd  MAH.AX :
    * FY23 GUIDANCE REVENUE OF A$1.6BN - A$1.7BN
    * SEES FY23 UNDERLYING EBITA OF A$105M - A$125M
    * POSITIVE MEDIUM-TERM OUTLOOK IS SUPPORTED BY A STRONG
ORDER BOOK
OF A$5.0 BILLION AT 30 JUNE
    * TIGHT LABOUR MARKET ACROSS AUSTRALIA AND GLOBAL
INFLATIONARY
PRESSURES BEING ACTIVELY MANAGED BY BUSINESS
    * FY23 CAPEX IS FORECAST TO REDUCE TO A$194 MILLION
    * HIGH LEVEL OF INVESTMENT IN FY22 IS EXPECTED TO SUPPORT
EARNINGS
GROWTH IN FY23

Source text for Eikon:  ID:nASX98lWNV 
Further company coverage:  MAH.AX 

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