January 21, 2018 / 10:46 PM / a month ago

BRIEF-Mcgrath Ltd Says It Sees Full Year EBITDA To Be In Range Of $5.8M - $6.8M

Jan 22 (Reuters) - Mcgrath Ltd:

* SEES HY EBITDA AT $1.63 MILLION BEFORE ONE OFF ITEMS AND A LOSS OF $50,000 POST ONE OFF ITEMS

* ‍FULL YEAR EBITDA IS EXPECTED TO BE IN RANGE OF $5.8M - $6.8M AFTER ONE OFF ITEMS​

* ‍CAMERON JUDSON TO LEAVE COMPANY AS CEO​

* ‍CO‘S COST REDUCTION INITIATIVES ON TRACK TO REMOVE JUST UNDER $5 MILLION IN COSTS FROM ON FY BASIS​

* ANNOUNCES ‍TRANSITION OF FOUNDER & EXECUTIVE DIRECTOR JOHN MCGRATH TO INTERIM EXECUTIVE CHAIRMAN​ Source text for Eikon: Further company coverage:

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