News: VRL Village Roadshow Sees FY18F EBITDA Of $88 - $92 Mln

July 10 (Reuters) - Village Roadshow Ltd (VRL) :

• EXPECTS TO REPORT FY18F EBITDA OF $88 - $92 MILLION, AND ADJUSTED FY18F EBITDA OF $98 –$102 MILLION
• LAUNCHES 5 FOR 26 ENTITLEMENT OFFER TO RAISE ABOUT $51 MILLION AT OFFER PRICE OF $1.65 PER NEW SHARE
• EXPECTS FY18F CAPITAL EXPENDITURE TO BE ABOUT $87 MILLION
• FY18F ATTRIBUTABLE LOSS AFTER TAX IS EXPECTED TO BE BETWEEN $10 MILLION TO $6 MILLION
• FOLLOWING REVIEW OF BUSINESS, EXPECTS NON-CASH ASSET IMPAIRMENT OF ABOUT $166 MILLION (PRE-TAX) RECOGNISED IN FY18 RESULTS
• ALSO EXPECTS TO INCUR RESTRUCTURING COSTS OF ABOUT $9 MILLION IN FY18
• SEES FY19 BUDGETED CAPITAL EXPENDITURE OF ABOUT $50 MILLION