Sydney - Tuesday - October 28: (RWE Aust Business News) - Perpetual (ASX:PPT) chairman Robert Savage told the annual meeting today that the company's business was robust and the long-term fundamentals of its industry strong. He said that based on the most recent announcements to the market at the end of September, analyst reports on Perpetual in the past few weeks had forecast an EBITDA range of between $174m and $205m and an OPAT range of between $97m and $118m for the full year to June 30. "This consensus is based on market conditions and funds under management as at the end of September," Mr Savage said. "Whilst we are of the view that our outlook is in line current consensus, I must once again caution that conditions are changing rapidly and we expect that the volatility of the market in the near-term could affect both market consensus and our outlook prior to the end of the first half at 31 December. "As always, should our outlook diverge materially from consensus, we will advise the market."
PPT Price at posting:
$38.33 Sentiment: None Disclosure: Not Held
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.
(20min delay)