Brief: Mayfield Childcare Sees FY24 Underlying EBITDA A$9M - A$9.5M
29/02/2024 09:10
Feb 29 (Reuters) - Mayfield Childcare MFD.AX :
* FY24 UNDERLYING GROUP EBITDA GUIDANCE OF A$9M - A$9.5M
* MAINTAINS POSITIVE OUTLOOK FOR 2024
* RECEIVED SETTLEMENT OWED UNDER DEED WITH FORMER CEO FOR
MISALLOCATIONS, MISAPPROPRIATIONS AND INVESTIGATION COSTS
* NORMALISED RUN RATE OF PERFORMANCE ACHIEVED IN Q4 HAS
CONTINUED
INTO JANUARY 2024
* WILL SEEK TO REINSTATE INTERIM DIVIDEND AT 30 JUNE 2024
SUBJECT
TO LENDER'S APPROVAL AND CONTINGENT ON 1H PERFORMANCE
Source text for Eikon: ID:nASXbVSkGT
Further company coverage: MFD.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Mayfield Childcare
See all newsBrief: Mayfield Childcare Expects FY26 Underlying Group EBITDA Of A$2.4 Million to A$2.70 Million
Brief: Embark Early Education Acquired 250,000 Ordinary Shares In Mayfield Childcare
Brief: Mayfield Childcare Announces Entitlement Offer To Raise $3 Million
Brief: Mayfield Childcare Withdraws FY26 Guidance
Australia's Mayfield Childcare falls on withdrawing annual guidance