Gentrack earnings tracking ahead of expectations

Fri, 25 Sep 2020

Gentrack Group – which provides software solutions for utilities and airports – expects earnings before depreciation, amortisation, impairments and non-operating expenses related to acquisitions will beat the top end of analysts’ forecasts of about $11 million for the September 2020 financial year.Second-half profitability was driven by reduced costs partly as a result of the cutting staff numbers in February and March, and other cost reductions from further employee attrition and covid-19 related cost savings, it said.It is d...

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