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BRIEF-G8 Education says ‍Forecasting Underlying Ebit Of Around $160 Million For FY2017​
December 3, 2017 / 11:01 PM / 11 days ago

BRIEF-G8 Education says ‍Forecasting Underlying Ebit Of Around $160 Million For FY2017​

Dec 4 (Reuters) - G8 Education Ltd:

* ‍FORECASTING AN UNDERLYING EBIT OF AROUND $160 MILLION FOR FY2017​

* ‍FY2017 IMPOST OF UTILISING TEMPORARY AGENCY LABOUR TO MEET IMMEDIATE REQUIREMENTS IS FORECAST TO BE APPROXIMATELY $3 MILLION​

* ‍ADVERSE IMPACT OF LDCPDP FUNDING IS EXPECTED TO BE AROUND $9M​

* ‍EXPECT MARKET CONDITIONS TO CONTINUE TO BE CHALLENGING FOR NEXT 6-9 MONTHS​ Source text for Eikon: Further company coverage:

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