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1.45% 7.0¢ advanced braking technology ltd

News: ABV Advanced Braking Technology updates on FY17 forecast

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    26/06/17
    17:15
    Post #: 25496940

    June 26 (Reuters) - Advanced Braking Technology Ltd (ABV) :

    • Asx alert-market update - record trading revenue forecast for FY17-ABV.AX
    • FY17 EBITDA losses are expected to be $0.25m from a $1.2m loss in prior year
    • FY NPAT is forecast to be loss of $0.65m compared to loss of $1.75m for FY 2015/16
    • Expects trading revenue for 2016/17 year to be approximately $6.65m
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