April 27, 2017 / 8:59 PM / 4 months ago

BRIEF-Skycity Entertainment says Q3 normalised revenue flat on PCP on like-for-like basis

April 28 (Reuters) - Skycity Entertainment Group Ltd

* Q3 group normalised revenue $260.3 million, down 1.6 percent

* Previous guidance for FY17 corporate costs, net interest expense, d&a and effective tax rate is reaffirmed

* Adelaide business unit expected to be weaker in 2H17 on pcp due to flat revenue and increased margin pressure

* Adelaide IB turnover now expected to be consistent in 2H17 on the PCP following improved activity in 3Q17

* Auckland still expected to achieve modest earnings growth on the PCP in 2H17, due to major events in 4Q17 and a slightly easier comparative period

* Hamilton unit expected to continue to deliver growth on the pcp for the remainder of 2H17

* Disruption from capital works programmes across AUCKLAND CBD expected to continue to impact the property, but is being proactively managed Source text for Eikon: Further company coverage:

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