News: LNK Link Administration Restates FY23 Stat Results In Light Of Sale Of FS Business

Oct 31 (Reuters) - Link Administration Holdings Ltd (LNK) :

• RESTATING FY23 STAT RESULTS IN LIGHT OF SALE OF FS BUSINESS
• LINK GROUP'S STATUTORY LOSS FOR 1HFY23 WILL BE REVISED FROM A PREVIOUSLY REPORTED A$410.1 MILLION TO A RESTATED A$460.5 MILLION
• GROUP'S STATUTORY LOSS FOR FY23 WILL BE REVISED FROM PREVIOUSLY REPORTED A$417.7 MILLION TO A RESTATED A$248.9 MILLION
• CHANGE IN ACCOUNTING TREATMENT HAS NO IMPACT ON LINK GROUP'S FY23 OPERATING NPATA AND LEVERAGE RATIO
• LINK GROUP REAFFIRMS ITS FY24 GUIDANCE PROVIDED AT FY23 RESULTS