CCG 0.00% 8.1¢ comms group ltd

Ann: Trading Update and Financial Guidance Update, page-2

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  1. 30 Posts.
    lightbulb Created with Sketch. 6
    https://hotcopper.com.au/data/attachments/4311/4311193-9426a00a176610233fa531f8f72597ec.jpg
    Not great news considering the EBITDA forecast for this year and next year is down by $1mil respectively.

    Seems to be because a key global wholesale client is reducing their services as per the below from the powerpoint presentation

    https://hotcopper.com.au/data/attachments/4311/4311199-6753da990d7d1de6130e9831312da9f2.jpg

    Also the commencement of sales with the Vodafone Global contract appears to be delayed for 6 months,

    Reflects the negative sentiment today.
    Last edited by Klmo00fasdf: 03/05/22
 
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