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BRIEF-Virgin Australia Holdings updates on outlook

Published 07/08/2015, 08:33 am
Updated 07/08/2015, 08:36 am
© Reuters.  BRIEF-Virgin Australia Holdings updates on outlook
VAH
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Aug 7 (Reuters) - Virgin Australia Holdings Ltd VAH.AX :

* On track to deliver a 25%-30% improvement in financial leverage for FY 2017"

* "Group to return to profitability and report a return on invested capital in line with its cost of capital for 2016"

* "EBIT growth of 8% in FY 2015 and expecting a minimum of 15% earnings growth per annum for FY 2016 and FY 2017"

* "Are now on a positive trajectory and on track to significantly improve financial performance again for the 2016 financial year"

* Source text for Eikon ID:nASX1j3Mk9

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