ORL 0.00% 43.5¢ orotongroup limited

News: ORL OrotonGroup says underlying EBITDA is now forecast to be about $2m to $3m for FY17

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    May 17 (Reuters) - Orotongroup Ltd (ORL) :

    • In domestic business fall in hedged buying rate to continue impacting earnings in H2; FY forecast negative impact of about $3 million
    • Underlying EBITDA is now forecast to be approximately $2m to $3m for fy17, down approximately $10m on prior year
    • Q3 YTD group revenues, which includes april, are down by 11% relative to PCP
 
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