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TNE - TechnologyOne News Story

A$8.89 0.0  0.0%

Last Trade - 6:29am

Sector
Technology
Size
Mid Cap
Market Cap £1.57bn
Enterprise Value £1.52bn
Revenue £165.4m
Position in Universe 161st / 1911

BRIEF-Technologyone updates on BCC receipt of claim

Fri 28th July, 2017 8:33am
July 28 (Reuters) - Technologyone Ltd  TNE.AX : 
    * Received an ambit claim from Brisbane City Council (BCC) 
for loss and damage against Technologyone, in excess of $50 
million 
    * Does not expect an impact on its full year guidance of 
profit growth of 10% to 15% 
    * "Strongly disputes this claim and will vigorously defend 
claim" 
 
Source text for Eikon:  ID:nASX176HL0  
Further company coverage:  TNE.AX  
 
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