CCX city chic collective limited
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News: CCX City Chic Collective Provides Trading Update And Response To Media Speculation

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    30/01/24
    12:00
    Post #: 72131644

    Jan 30 (Reuters) - City Chic Collective Ltd (CCX) :

    • TRADING UPDATE AND RESPONSE TO MEDIA SPECULATION
    • GROUP SALES REVENUE FOR H1 FY24 IS EXPECTED TO BE DOWN APPROXIMATELY 29% TO A$105.8M
    • RESPONSE TO RECENT MEDIA SPECULATION REGARDING POTENTIAL INTEREST IN CITY CHIC'S NORTH AMERICAN BUSINESS
    • EXPECTS TO ACHIEVE UNDERLYING EBITDA LOSS (POST-AASB16) FOR H1 FY24 OF BETWEEN A$7M AND A$10M
    • NO CERTAINTY THAT ANY OPPORTUNITIES INCLUDING ANY POTENTIAL SALE OF NORTH AMERICAN BUSINESS, PROCEED TO A BINDING TRANSACTION
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