Brief: Mcgrath Ltd Sees Challenging Conditions For Remainder Of FY23
Nov 22 (Reuters) - Mcgrath Ltd MEA.AX :
* EXPECT CONDITIONS TO REMAIN CHALLENGING REMAINDER OF FY23
PRIOR
TO RECOVERY IN FY24
* IN H1, UNDERLYING EBITDA LIKELY TO BE AT LEAST 50% BELOW
PRIOR
YEAR
* COMPANY WILL REMAIN PROFITABLE DURING H1
Source text for Eikon: ID:nASX4P3LZp
Further company coverage: MEA.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Mcgrath
See all newsBrief: Mcgrath Announces Scheme Of Arrangement For Co To Be Acquired By RPAA Holdings Legally Effective
Brief: Mcgrath Says Court Approves Scheme Of Arrangement
Brief: Mcgrath Says Shareholders Vote In Favour Of Scheme Of Arrangement
Australia's Mcgrath eyes best day in over 3 years on $62 mln buyout offer
Brief: Mcgrath Enters Into Scheme Implementation Deed