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BRIEF-Ardent Leisure updates on estimated distribution & full year result
June 22, 2017 / 10:37 PM / 3 months ago

BRIEF-Ardent Leisure updates on estimated distribution & full year result

June 23 (Reuters) - Ardent Leisure Group”

* Announced estimated distribution of 1.0 cent per stapled security for second half of year ending 30 June 2017

* Distribution reflects lower earnings in Australian business following disposal of health clubs division and impact of dreamworld tragedy

* Ardent now provides preliminary full year core EBITDA guidance of approximately A$73-75 million for 12 months ending 30 June 2017

* Net debt as at 30 June 2017, adjusted for proceeds from settlement of d’albora marinas, is expected to approximate A$110 million Source text for Eikon: Further company coverage:

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