BRIEF-Veem Expects To Report Revenues For 1HFY25 Of A$36 Mln

Reuters
14 Nov 2024
BRIEF-Veem Expects To Report Revenues For 1HFY25 Of A$36 Mln

Nov 14 (Reuters) - VEEM Ltd VEE.AX:

  • EXPECTS TO REPORT REVENUES FOR 1HFY25 IN ORDER OF A$36 MILLION

  • WHILE 1HFY25 IS NOT EXPECTED TO REACH THE SAME PROFIT LEVELS AS 1HFY24, 1HFY25 IS STILL SIGNIFICANTLY HIGHER THAN 1HFY23

  • SEES 1HFY25 EBITDA IN RANGE OF A$5.0 MILLION TO A$5.5 MILLION

  • SECOND HALF OF FY25 IS EXPECTED TO BE STRONGER THAN THE FIRST HALF

  • EXPECTS TO REPORT NET PROFIT AFTER TAX IN RANGE OF A$2.0 TO A$2.3 MILLION

Source text: ID:nASX5Ws6CS

Further company coverage: VEE.AX

((Reuters.Briefs@thomsonreuters.com;))

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