Brief: Millennium Services Group Says FY Revenue Up By 2.0% To A$265.8M

Millennium Services

22/08/2023 02:24

Aug 22 (Reuters) - Millennium Services Group Ltd
 MIL.AX :
    * FY  REVENUE UP BY 2.0% TO A$265.8M
    * TOTAL REVENUE IS FORECAST TO BE BETWEEN A$300M - A$305M IN
FY24
    * EBITDA IN FY24 IS FORECAST TO BE BETWEEN A$12.2M – A$13.2M
    * FY REPORTED EBITDA A$7.1 MILLION VERSUS A$9.1 MILLION
    * DIVIDEND POLICY FROM FY24 ONWARDS TO PAY A TARGET PAYOUT
RATIO
OF 30% TO 40% OF SUSTAINABLE PROFITS
    * ALSO THE INTENTION OF BOARD THAT ALL DIVIDENDS WILL BE
FRANKED
TO MAXIMUM EXTENT POSSIBLE

Source text for Eikon:  ID:nASX4nsD61 
Further company coverage:  MIL.AX 

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