IFL 1.29% $2.29 insignia financial ltd

As always, Mr. Market is interested in the outlook statement.I...

  1. 322 Posts.
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    As always, Mr. Market is interested in the outlook statement.
    I believe the following statement is the key share price driver for this morning

    Insignia Financial has upgraded its full-year FY24 guidance. FY24 group net revenue margin is expected to be between 45.5 - 46.0 bps (previously 44.8 - 45.8 bps), while EBITDA margin has increased to 11.8 - 12.2 bps (previously 11.3 - 11.8 bps). In-year transformation costs and benefits remain on-track.

    All the best and enjoy the ride
 
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