EML don't tend to provide updates and arguably they don't need to unless performance is materially different from guidance, so if they are broadly on track, then next update will be August when FY25 financials are presented
They did underlying EBITDA of 33m for 1H25 and guided to underlying EBITDA of 54-60m for FY25......the challenge with that guidance is that interest rates have dropped in the currencies they hold the float (GBP, EUR, AUD) although that you would thought they have factored in given they were dropping in Jan25, but what is unclear is the US business and the impact that is having (US business is mainly the Gift cards and I'd imagine retail is going to be hugely impacted from April (unclear how this will impact EML though)
EML Price at posting:
96.5¢ Sentiment: Hold Disclosure: Held
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