A lot of LNK contracts have CPI increase clause.
FY 24 increase would go up via CPI increase alone. So will FY 25 less HESTA revenue.
There is a new 10 year contract with HSBC HK that will help plug the hole. I still think LNK revenue in FY 25 will be higher than FY23 despite losing HESTA.
Ann: Contract Update - HESTA, page-12
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)