Australia's Mayfield Childcare falls on withdrawing annual guidance
10/07/2026 02:06
BUZZ-Australia's Mayfield Childcare falls on withdrawing annual guidance ** Shares of Mayfield Childcare MFD.AX fall as much as 5% to A$0.19, hitting their lowest level since July 3
** Stock set for weakest intraday trading session since June 30
** Childcare centre operator withdraws FY26 guidance
** Says operating environment across early childhood education and care sector has been increasingly challenging, with further pressure from labour costs, others
** Co's board intends to update market on earnings guidance around September
** Co says existing facility extension with Westpac WBC.AX matures on August 31, remains in discussions with Westpac regarding further extension
** Stock down 60.8% YTD, including the day's moves
(Reporting by Shivangi Lahiri in Bengaluru)
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Australia's Mayfield Childcare falls on withdrawing annual guidance