In its statement on 17 December 2015, Slater and Gordon Limited (the ‘Company’) advised that it would in January 2016 provide an update on its gross operating cashflow for the 6 months ending 31 December 2015.
The Company continues to work with its auditors and advisors to finalise its half year result including statutory gross operating cashflow.
On 17 December 2015, the Company also announced its intention to review its approach to financial forecasting to be led by new Group CFO Bryce Houghton and supported by advisors appointed by the Board. The Company advises that this process is proceeding as planned. In the course of this process the Company is considering its expectations for operating performance and cashflows for the balance of this financial year. The Company intends to report its audited first half financial results on 29 February 2016
SGH Price at posting:
73.5¢ Sentiment: Buy Disclosure: Held