News: DHG Domain Holdings Australia Sees FY23 Costs To Be In Range Of A$250 Mln To A$255 Mln

Dec 20 (Reuters) - Domain Holdings Australia Ltd (DHG) :

• FY23 EBITDA MARGINS ARE EXPECTED TO SEE A LOW SINGLE DIGIT PERCENTAGE POINT REDUCTION VERSUS FY22
• FY23 COSTS ARE EXPECTED TO BE IN RANGE OF A$250 MILLION TO A$255 MILLION
• FY23 H1 EBITDA IS EXPECTED TO BE AROUND A$48 MILLION
• MATERIAL IMPROVEMENT IN FY23 H2 EBITDA ANTICIPATED WITH HIGHER REVENUE, ADDITIONAL A$15-A$20 MILLION COST BENEFIT VERSUS H1
• DECEMBER MONTH TO DATE LISTINGS ARE DOWN AROUND 51% IN SYDNEY AND 37% IN MELBOURNE
• FY23 H2 WILL BENEFIT FROM CONSIDERABLY EASIER REVENUE AND CONTROLLABLE YIELD BASE OF COMPARISON THAN FY23 H1