Brief: Verbrec sees return to positive ebitda margin in Q1 FY2024

Verbrec

09/11/2023 01:22

Nov 9 (Reuters) - Verbrec Ltd  VBC.AX :
    * DIVESTMENT OF NON-PROFITABLE TRAINING SITES AND ASSETS
RESULTS
IN ESTIMATED A$2 MILLION ANNUALISED EBITDA SAVINGS
    * SEES RETURN TO POSITIVE EBITDA MARGIN IN Q1 FY2024, 7.3%
FOR
ENGINEERING AND 12.6% FOR TRAINING

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