BRS 0.00% $1.49 broadspectrum limited

Feb 8 (Reuters) - Broadspectrum Ltd (BRS) : Dibp contract...

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    Feb 8 (Reuters) - Broadspectrum Ltd (BRS) :

    • Dibp contract extension and FY 2016 guidance upgrade
    • Says FY 2016 earnings guidance - now expects underlying EBITDA in the range

      of $280 million to $300 million

    • Says company expects net debt to reduce further to between $370 million and

      $390 million by 30 June 2016

    • Company expects underlying EBITDA for FY 2017 to be in excess of $300 million
    • Outlook for FY 2017 remains positive with contracted revenue for FY 2017

      raises from $2.3 billion at 31 December 2015 to $2.8 billion at 5 February 2016

                        
 
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Currently unlisted public company.

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