News: MEA McGrath Ltd Sees Additional Impairment Charge Of $35 Mln in FY18

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    July 31 (Reuters) - McGrath Ltd (MEA) :

    • EBITDA FOR FY18, EXPECTED TO BE ABOUT $5 MILLION
    • EXPECTS FY18 REPORTED EBITDA TO BE ABOUT $1 MILLION
    • MCGRATH - FOLLOWING IMPAIRMENT TESTING PROCESS FOR FY, SEES ADDITIONAL IMPAIRMENT CHARGE OF ABOUT $35 MILLION AGAINST CO OWNED SALES SEGMENT
 
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