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EVZ LIMITED — Earnings Release 2021
Nov 11, 2020
64889_rns_2020-11-11_ac0f6686-bb66-4343-bbc3-43e3c3e5ffd7.pdf
Earnings Release
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12 November 2020
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The Manager Market Announcements Office Level 4, North Tower, Rialto 525 Collins Street MELBOURNE VIC 3000
EARNINGS GUIDANCE FIRST HALF - FINANCIAL YEAR 2021
EVZ Limited (ASX: EVZ) provides guidance for the half year trading period concluding on 31 December 2020.
Earnings before interest, depreciation and amortisation (EBITDA) for the first half of the financial year 2021 is expected to be a profit in the range of $3.0M and $3.5M, being a significant improvement on the disappointing results posted for the corresponding period in FY20. Group revenue for the first half year period is expected to be between $30M and $32M.
This result marks a significant return to profit for the EVZ Limited group of companies as our businesses continue to deliver value for our clients and shareholders in the construction, energy and fuel sectors.
The preliminary final half year results are expected to be released to the ASX in the week commencing 24 February 2021.
For further information please contact:
Scott Farthing Chief Executive Officer EVZ Limited Tel: +61 3 9545 5288 Mob: +61 411 11 7403 Email: [email protected]
About EVZ Limited
EVZ Limited is an industrial group with a portfolio of specialist businesses in the engineering services sector. EVZ operates in the areas of fuel industry mechanical services including bulk tank design and construction, syfonic storm water and roof drainage and distributed power generation plant maintenance through subsidiaries, Brockman Engineering, Syfon Systems and TSF Power. www.evz.com.au
EVZ Limited ABN 87 010 550 357
115 | 838 Collins Street, Melbourne VIC 3008 Australia P + 61 3 9545 5288 F + 61 3 9542 6061 www.evz.com.au