FY19 Earnings Guidance Update
MARKET ANNOUNCEMENT
13 February 2020
FY19 Earnings Guidance Update
Further to the announcement made on 17 December 2019, and following the recent close of
the financial year, T&G’s Profit for the Year for the T&G Group (according to its statutory
accounts) is now forecast to be between $6.0 million and $7.0 million.
The improved forecast, compared to the range of $2.0 million to $4.0 million previously
announced, reflects the impact of lower than anticipated provisions relating to the New
Zealand Pipfruit season and improved trading conditions in December 2019.
The Company expects to announce its full year result to the market on 28 February 2020.
For further information please contact:
Adrienne Sharp
Head of Corporate Affairs
T&G Global Limited
Telephone: 027 8015 534
E-mail: Adrienne.Sharp@tandg.global
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- NZX — NZX Limited: Amended: FY2019 Earnings Guidance – Update2019-12-08
“FY2019 Earnings Guidance – Update 9 DECEMBER 2019 – NZX today announced that 2019 EBITDA (operating earnings) is expected to be around the top of the guidance range of $28 million to $31 million. The updated FY2019 guidance is based on: increased capital raised during the ye…”
- NZX — NZX Limited: FY2029 Earnings Guidance – Update2019-12-08
“FY2019 Earnings Guidance – Update 9 DECEMBER 2019 – NZX today announced that 2019 EBITDA (operating earnings) is expected to be around the top of the guidance range of $28 million to $31 million. The updated FY2019 guidance is based on: increased capital raised during the ye…”
- HLG — Hallenstein Glasson Holdings Limited: Trading update for season to 1 December 20192019-12-03
“4 December 2019 HALLENSTEIN GLASSON HOLDINGS LIMITED TRADING UPDATE FOR THE SEASON TO 1 DECEMBER 2019 Group sales for the first 16 weeks of the new financial year covering the period 2 August to 1 December 2019 are +7.1% on the prior corresponding period. As previous…”