GFY godfreys group limited
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May 9 (Reuters) - Godfreys Group Ltd (GFY) : EXPECTS UNDERLYING...

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    09/05/18
    09:25
    Post #: 32973277

    May 9 (Reuters) - Godfreys Group Ltd (GFY) :

    • EXPECTS UNDERLYING EBITDA FOR FY18, BEFORE RESTRUCTURING AND ONE-OFF COSTS, TO BE ABOUT $3.5 MILLION
    • IN TWO WEEKS SINCE TRADING UPDATE ON 23 APRIL 2018, LIKE FOR LIKE SALES HAVE REDUCED 27% COMPARED TO SAME TIME LAST YEAR
    • LIKELY THAT CO IN BREACH OF LEVERAGE RATIO COVENANT AND FIXED COVER CHARGE RATIO COVENANT FOR FINANCIAL YEAR ENDING 29 JUNE 2018
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