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DTI GROUP LTD — Capital/Financing Update 2019
Jun 27, 2019
64790_rns_2019-06-27_080a0b75-0250-479a-8fef-5ded46e5a731.pdf
Capital/Financing Update
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ASX announcement
28 June 2019
MARKET UPDATE
DTI Group Ltd (ASX: DTI) (DTI) provides this update to the market for FY19.
DTI has a policy of not providing revenue or earnings guidance to the market however DTI considers it appropriate to update the market on trading conditions in recent months. Whilst DTI was pleased with revenue and profitability improvements to 31 December 2018, DTI notes that this trend has not continued in the subsequent half year.
Whilst the Company’s order book and pipeline sales remain strong, DTI expects that revenue and the estimated NPAT for FY19 would likely be comparable to the FY18 before impairment charges.
DTI advises that this indication of financial results for FY19 is preliminary only. The June monthly financial statements have yet to be completed and the FY19 audit is yet to commence. The financials could therefore be subject to amendment during this process.
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For further information please contact Greg Purdy at [email protected].
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About DTI Group
DTI provides sophisticated surveillance systems, solutions and services to the mobile security industry worldwide. DTI’s clients are transit agencies, transit operators, freight operators, law enforcement authorities and taxi organisations which utilise a range of professional products and services that encompass on-board recording equipment, fleet management systems, back-end mass storage and retrieval facilities and end-to-end managed services. DTI is a recognised supplier to the mass transit surveillance market. Core technology development and system design activities are undertaken from the Company’s headquarters in Perth Australia.
DTI Group Ltd | ABN 15 069 791 091 31 Affleck Rd | Perth Airport WA 6105 T +61 8 9479 1195 | F +61 8 9479 1190 www.dti.com.au