SRF surfstitch group limited
Add to My Watchlist 0.00% ! 6.8¢

May 22 (Reuters) - Surfstitch Group Ltd (SRF) Fy17 forecast...

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    22/05/17
    09:00
    Post #: 24826200

    May 22 (Reuters) - Surfstitch Group Ltd (SRF)

    • Fy17 forecast update and planned closure of north american operation
    • announces planned transfer of management of swell ecommerce platform from us to Australia
    • forecasts underlying EBITDA loss for fy 2017 to a range of $10.5m to $11.5m from range of $5m to $6.5m previously advised to market
    • "general business environment for apparel and footwear has been very difficult in each of group's key markets, particularly in uk"
    • In the UK, surfdome business has experienced intense margin and sales pressure
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Iress Ltd leads top gainers intraday Friday as Blackstone buyout bid confirmed
right-arrow Created with Sketch.
NEWS Expert Exchange: Laretive's 4 key strategies to picking ASX winners
right-arrow Created with Sketch.
NEWS DroneShield's civilian counter-drone tech lands with a buzz
right-arrow Created with Sketch.
NEWS RBA's inflation trick: Is the number lying to us?
right-arrow Created with Sketch.
NEWS What the hell is wrong with ASX Ltd? The hits keep coming, and now CBOE looms
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 32
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.