OML ooh!media limited
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News: OML Ooh!Media Revises FY19 Underlying EBITDA Guidance To Between $138 Mln To $143 Mln

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    03/12/19
    17:35
    Post #: 41774488

    Dec 3 (Reuters) - Ooh!Media Ltd (OML) :

    • CONFIRMS THAT IT EXPECTS FY19 UNDERLYING EBITDA EBITDA1 TO EXCEED ITS EARLIER FORECAST
    • ISSUED REVISED FY19 UNDERLYING EBITDA GUIDANCE OF BETWEEN $138 MILLION TO $143 MILLION
    • GROWTH IN OPERATIONAL EXPENDITURE IN FY19 IS EXPECTED TO BE WITHIN PREVIOUS FORECAST RANGE OF 5-7 PER CENT
    • CAPITAL EXPENDITURE FOR FY19 EXPECTED TO BE AT MID TO LOWER END OF $55-$70 MILLION FORECAST RANGE
    • RECONFIRMS THAT INTEGRATION OF COMMUTE REMAINS ON TRACK WITH AN EXPECTED EXIT RUN-RATE OF $16 MILLION IN COST SYNERGIES FOR FY19
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