CDD cardno limited
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Sept 19 (Reuters) - Cardno Ltd (CDD) : Cardno negotiates a...

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    19/09/16
    09:38
    Post #: 19243145

    Sept 19 (Reuters) - Cardno Ltd (CDD) :

    • Cardno negotiates a permanent debt reduction
    • Says negotiated a permanent reduction in its debt facilities from US$210.0 mln in June 2016 to US$108.5 mln
    • Expects, post the sale of xp solutions, for earnings before interest tax,

      depreciation and amortisation to remain challenged for FY 2017

    • Sees EBITDA prior to abnormal costs, to be of similar order of magnitude to

      FY 2016 EBITDA from continuing operations

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