SDA speedcast international limited
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News: SDA Speedcast International Now Expects FY19 Underlying EBITDA Of About $140 Mln-$150 Mln

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    02/07/19
    09:55
    Post #: 39328990

    July 2 (Reuters) - SpeedCast International Ltd (SDA) :

    • EXPECTS UNDERLYING EBITDA FOR 1H 2019 OF APPROXIMATELY US$60 TO US$64 MILLION
    • REVISED ITS EXPECTATION FOR UNDERLYING EBITDA FOR FULL YEAR 2019 TO ABOUT US$140 MILLION - US$150 MILLION
    • CONTINUED TECHNICAL DIFFICULTIES CAUSING FURTHER DELAYS IN RAMP UP OF CARNIVAL CONTRACT
    • RE-ORGANISATION INITIATIVE EXPECTED TO DELIVER US$5 - US$10 MILLION BENEFITS IN 2H AND US$20 MILLION IN FY 2020
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