News: PRG Programmed Maintenance Services provides FY16 forecast

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    Feb 4 (Reuters) - Programmed Maintenance Services Ltd (PRG) :

    • Business update (PRG)
    • FY 2016 (year end 31 March) operating EBITA expected to be approximately $65

      million

    • Says non-cash marine goodwill impairment of approximately $75 million in 2H

      FY 2016 expected

    • FY 2017 operating EBITA projection $100 - $110 million based upon achieving

      FY 2015 EBITA margin

    • FY 2016 final dividend expected to be 5 cents per share fully franked
    • The integration of skilled, which Programmed acquired in October 2015, is

      ahead of plan

 
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