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BRIEF-OrotonGroup says underlying EBITDA is now forecast to be about $2m to $3m for FY17
May 17, 2017 / 1:02 AM / 4 months ago

BRIEF-OrotonGroup says underlying EBITDA is now forecast to be about $2m to $3m for FY17

May 17 (Reuters) - Orotongroup Ltd:

* In domestic business fall in hedged buying rate to continue impacting earnings in H2; FY forecast negative impact of about $3 million

* Underlying EBITDA is now forecast to be approximately $2m to $3m for fy17, down approximately $10m on prior year

* Q3 YTD group revenues, which includes april, are down by 11% relative to PCP Source text for Eikon: Further company coverage:

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