BWX bwx limited
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News: BWX BWX Says FY Statutory Net Loss After Tax Of A$335.6M

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    19/12/22
    11:30
    Post #: 65365025

    Dec 19 (Reuters) - BWX Ltd (BWX) :

    • FY STATUTORY NET LOSS AFTER TAX OF A$335.6M
    • ON A STATUTORY BASIS, FY REVENUE OF A$198.3 MILLION
    • GROUP IS WORKING TOWARDS A LONG-TERM DEBT RESTRUCTURE IN H2 FY23.
    • FY23 GUIDANCE DOWNGRADED
    • IN FIRST HALF OF FY23, BWX EXPECTS TO RECORD AN OPERATING LOSS
    • SEES FY23 REVENUE IN A RANGE OF A$205M TO A$230M
    • EXPECTS NET DEBT TO PEAK AT CIRCA A$95M FOR 2HFY23
    • ANTICIPATES FULL YEAR EBITDA TO BE IN A RANGE OF A$25M TO A$30M EXCLUDING ONE-OFF SIGNIFICANT ITEMS
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