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Ann: 2019 Half Year Results Investor Presentation, page-6

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  1. 211 Posts.
    lightbulb Created with Sketch. 15
    Just bought today. Key for me -

    Full year guidance has been affirmed; – H1 FY19 underlying EBITDA for the Group was $9.6m and full year guidance is a range of $27.5m - $30.5m
    – a recovery in the Enterprise division in H2 underpins the achievement of guidance
    • We are on-track at the end of H1 FY19 and momentum is building with each month

    Looking at the Bell Potter research, previous underlying Evita guidance was 22 - 25m. New guidance is 27.5 - 30.5m Evita. Much better. I think it is way undervalued and will be a positive re-rate from brokers tomorrow.

 
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