ASG is forecasting EBITDA of at least $7 million for the December half, this compares with EBITDA of $4.2 million in the previous corresponding period and $11.1 million for the full 2007 financial year.
ASG Managing Director Geoff Lewis said the guidance was attributable to strong performance in the December half across each of the company’s markets and a strong focus on maintaining operating margins.
“We are seeing benefits from ASG’s investment in national infrastructure over the past two years. We are bidding for contracts with a dollar value of $600 million and are serviced through our national network,” Lewis said.
He said the outlook for the full 2008 financial year was good, with strong growth in revenue and earnings.
ASG forecasts profits of $7M for December
By
Staff Writers
on
Nov 21, 2007 2:20PM
IT services provider ASG Group has forecast a profit guidance rise of 66 percent for the six months to 31 December 2007.
Got a news tip for our journalists? Share it with us anonymously here.
Partner Content
Promoted Content
How to turn digital complexity into competitive advantage
Promoted Content
Why rethinking your CMS is crucial for customer retention
.png&h=183&w=300&c=1&s=0)
Promoted Content
Accenture and Google Cloud team up to create a loveable, Australian-first, renewable energy product
Promoted Content
Why Genworth Australia embraced low-code software development
Sponsored Whitepapers
Free eBook: Digital Transformation 101 – for banks
Why financial services need to tackle their Middle Office
Learn: The latest way to transfer files between customers
Extracting the value of data using Unified Observability
Planning before the breach: You can’t protect what you can’t see
