30th
Abano provides market update and guidance
Abano Healthcare Group today provided guidance to the market for the full year to 31 May 2007.
On 21 December 2006, the company announced the results for the first six month period to 30 November 2006, which were above the market guidance provided in October 2006. Following the company’s trading over the Christmas/New Year summer break, the board has now revised its guidance for the full year to 31 May 2007.
Revenues for the full year are now expected to be $85 to $87 million (previously $79 to $83 million), Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of $12 to $13 million (previously $9 to $10 million) and Net Profit After Tax $4.2 to $4.7 million (previously $2.6 to $3.1 million).