PGH 0.00% 80.0¢ pact group holdings ltd

News: PGH Pact Group Holdings Posts FY Revenue Of $1.85 Bln, page-22

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    On the 27th June Pact relesed a debt refinancing statement which also included an earnings forcast. "The Group expects EBITDA (before significantitems) to be within earnings guidance of $230 million to $245 million, albeit at the low end". The share price jumped approx. +20% on that day.

    Forward to today, on the 14th August and Pact released their final year results. EBITDA down 3% to $231 million, which was predicted. The share price droped -20%.

    The beauty of Mr Market.
 
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