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Calibre Group Ltd Lowers FY 2013 Guidance


Wednesday, 10 Apr 2013 07:31pm EDT 

Calibre Group Ltd revised fiscal 2013 guidance provided due to recent client responses to challenging market conditions, including delays in capital investment decisions and ongoing cost management affecting asset maintenance activity. For fiscal 2013, the Company expects revenue of $680-$695 million (prior guidance for fiscal 2013 revenue guidance was in the range of $780-$810 million); EBITDA of $50-$55 million (prior guidance for fiscal 2013 EBITDA guidance was in the range of $90-$95 million); and NPATA of $30-$35 million (prior guidance for fiscal 2013 NPATA guidance was in the range of $55-$60 million). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $819 million, EBITDA of $92 million and net income of $53 million for fiscal 2013. 

Company Quote

0.405
-0.0050 -1.22%
23 Jul 2014