Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Wisetech Global Provides Business Update and Reaffirms FY 2020 Guidance

22 Apr 2020  |  09:04:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: WiseTech business update and FY20 guidance reaffirmed

Wisetech Global released a business update to the market regarding the evolving environment, trading and guidance. The Company reaffirmed FY 2020 guidance, subject to currency movements; FY 2020 revenue is of $420m - $450m, revenue growth of 21% - 29%, and EBITDA of $114m - $132m, EBITDA growth of 5% - 22%. The Company net cash position is $230m as at 31 Mar 2020 and established debt facility of $190m remains undrawn with a further $200m accordion facility in place.

Please click here for full details

See more ASX300 News Announcements