VBC verbrec limited
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News: VBC Verbrec sees return to positive ebitda margin in Q1 FY2024

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    09/11/23
    12:25
    Post #: 70807339

    Nov 9 (Reuters) - Verbrec Ltd (VBC) :

    • DIVESTMENT OF NON-PROFITABLE TRAINING SITES AND ASSETS RESULTS IN ESTIMATED A$2 MILLION ANNUALISED EBITDA SAVINGS
    • SEES RETURN TO POSITIVE EBITDA MARGIN IN Q1 FY2024, 7.3% FOR ENGINEERING AND 12.6% FOR TRAINING
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