News: IRE Iress Ltd Estimates Underlying EBITDA Growth Of 5-10% In FY24

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    Aug 21 (Reuters) - Iress Ltd (IRE) :

    • ESTIMATED UNDERLYING EBITDA GROWTH OF 5-10% IN FY24
    • SEES FY24 EXIT RUN-RATE UNDERLYING EBITDA 20-30% HIGHER THAN FY23
    • IN SECOND HALF OF 2023, IRESS EXPECTS TO SEE SOFTENING REVENUE GROWTH
    • SEES UNDERLYING EBITDA EXPECTATIONS HAVE BEEN LOWERED TO BE BROADLY FLAT IN 2H23 VERSUS 1H23.
 
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