Brief: Macquarie Telecom Sees Strong Demand For Cyber Security In Govt & Cloud Services Businesses In Fy22

Macquarie Technology

26/11/2021 01:29

Nov 26 (Reuters) - Macquarie Telecom Group Ltd  MAQ.AX :
    * SEE STRONG DEMAND FOR CYBER SECURITY IN GOVERNMENT & CLOUD
SERVICES BUSINESSES & WILL BE MAKING SIGNIFICANT INVESTMENTS IN
FY22
    * SEES TELECOM REVENUE AND EBITDA TO CONTINUE TO BE AFFECTED
BY
COVID LOCKDOWNS
    * PLANS TO MAKE FURTHER INVESTMENT IN GROWTH AND CUSTOMER
GROWTH
CAPEX DURING FY22
    * EBITDA WILL CONTINUE TO GROW IN FY22
    * TOTAL CAPEX IS EXPECTED TO BE BETWEEN A$121-A$133 MILLION
DURING
FY22
    * DEPRECIATION AND AMORTISATION FOR FY22 EXPECTED TO BE A$71
MILLION TO A$74 MILLION

Source text for Eikon:  ID:nASX7PyRgF 
Further company coverage:  MAQ.AX 

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