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BRIEF-Empired Ltd says Ebitda for first half of FY17 is expected to be between $6.0m and $6.8m

Published 29/11/2016, 11:49 am
© Reuters.  BRIEF-Empired Ltd says Ebitda for first half of FY17 is expected to be between $6.0m and $6.8m
EPD
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Nov 29 (Reuters) - Empired Ltd EPD.AX

* Ebitda for first half of FY17 is expected to be between $6.0m and $6.8m

* New Zealand operations have been disrupted due to recent earthquake near Wellington with an estimated impact of $0.4m EBITDA in half

* Net debt is tracking in line with management expectations

* "Sales pipeline is strong and continue to expect pleasing top line growth and EBITDA margin expansion in FY17 and beyond"

* EBITDA in second half remains on track to be stronger than first half

* EBITDA in second half remains on track to be stronger than first half (in line with historic cyclical trends) Source text for Eikon: ID:nASX71FK30 Further company coverage: EPD.AX

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