Brief: Macmahon Holdings Sees FY24 Revenue Of A$1.7Bn - A$1.8Bn

Macmahon Holdings

22/08/2023 02:25

Aug 22 (Reuters) - Macmahon Holdings Ltd  MAH.AX :
    * FY24 GUIDANCE REVENUE OF A$1.7BN - A$1.8BN
    * FY REVENUE OF A$1.9BN, UP 12%
    * FY24 GUIDANCE UNDERLYING EBIT(A) OF A$130M - A$140M
    * FY24 CAPEX IS FORECAST AT APPROXIMATELY A$241 MILLION
    * A$1.6 BILLION OF REVENUE IS SECURED FOR FY24
    * FY24  TARGETED DIVIDEND PAYOUT RATIO RANGE WILL INCREASE
FROM
10% TO 25%, TO 20% TO  35% OF UNDERLYING EARNINGS PER SHARE

Source text for Eikon:  ID:nASX1zjfxf 
Further company coverage:  MAH.AX 

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