June 4 (Reuters) - Traffic Technologies Ltd (TTI) :
- FY19 ESTIMATED OPERATING REVENUE OF APPROXIMATELY $48.0 MILLION
- FY19 ESTIMATED EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (EBITDA) OF APPROXIMATELY $4.1 - $4.5 MILLION
- TRAFFIC TECHNOLOGIES HAS EXPERIENCED SLOWER THAN EXPECTED CONDITIONS IN DOMESTIC MARKET OVER FY19 PERIOD.
- UNCERTAIN POLITICAL ENVIRONMENT DUE TO STATE, FEDERAL POLLS DELAYED STATE GOVERNMENT APPROVAL FOR PROJECTS EXPECTED TO START IN FY19
- COMPANY EXPECTS PROJECTS TO STILL BE AWARDED; PROJECTS ARE NOW ANTICIPATED TO COMMENCE IN FY20
News: TTI Traffic Technologies Sees FY19 Estimated Operating Revenue Of About $48 Mln
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