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News: CIM Cimic Group Ltd Confirms FY22 Guidance Of A$425 Million - A$460 Million

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    12/04/22
    11:20
    Post #: 60803048

    April 12 (Reuters) - CIMIC Group Ltd (CIM) :

    • CONFIRMS ITS FY22 GUIDANCE OF A$425 MILLION - A$460 MILLION, SUBJECT TO MARKET CONDITIONS
    • ENTERED CONDITIONAL, CONFIDENTIAL DEAL WITH CONSORTIUM PARTNERS AND JKC FINAL FOR SETTLEMENT OF ALL MATTERS IN CONNECTION WITH CCPP CONTRACT
    • AGREEMENT IN RESPECT OF TERMINATION OF CCPP CONTRACT
    • WILL PAY A$192.5 MILLION IN APRIL, A$300 MILLION IN MARCH 2023 IN RESPECT OF SETTLEMENT AMOUNTS
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