MIL millennium services group limited
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Aug 22 (Reuters) - Millennium Services Group Ltd (MIL) : FY...

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    22/08/23
    11:25
    Post #: 69474565

    Aug 22 (Reuters) - Millennium Services Group Ltd (MIL) :

    • FY REVENUE UP BY 2.0% TO A$265.8M
    • TOTAL REVENUE IS FORECAST TO BE BETWEEN A$300M - A$305M IN FY24
    • EBITDA IN FY24 IS FORECAST TO BE BETWEEN A$12.2M – A$13.2M
    • FY REPORTED EBITDA A$7.1 MILLION VERSUS A$9.1 MILLION
    • DIVIDEND POLICY FROM FY24 ONWARDS TO PAY A TARGET PAYOUT RATIO OF 30% TO 40% OF SUSTAINABLE PROFITS
    • ALSO THE INTENTION OF BOARD THAT ALL DIVIDENDS WILL BE FRANKED TO MAXIMUM EXTENT POSSIBLE
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