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BRIEF-ASX says expects FY16 capex to be in the range of $45-50 million

Published 20/08/2015, 08:39 am
© Reuters. BRIEF-ASX says expects FY16 capex to be in the range of $45-50 million
ASX
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Aug 20 (Reuters) - ASX Ltd ASX.AX :

* Says expects capital expenditure in FY 2016 to be in the range of $45-50 million

* Based on current activity levels, the full-year impact on revenue is expected to be $24 million in FY 2016."

* Says in FY 2016, underlying expenses are expected to increase by approximately 3.5%

* ASX "expects to invest $2.5- 3.0 million in new resources to develop its data business, support asian sales "

* Says additional investment in resources is expected to lead to a total expense increase in FY 2016 of around 5.0%

* Says "incurred a restructuring charge of $7.7 million pre-tax"

* Source text for Eikon ID:nASX5nRDl7

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