Gentrack sees earnings at bottom end of guidance after completing second major contract

Fri, 07 Aug 2015

By Paul McBeth Aug. 7 (BusinessDesk) - Gentrack Group, whose chief executive James Docking is set to leave the company next year, expects annual earnings to come in at the bottom end of guidance after completing the second of two major contracts that kept a question mark over its forecasts. The Auckland-based company said earnings before interest, tax, depreciation and amortisation will come in near the bottom of the $13 million to $15 million range it gave for the 12 months ending Sept. 30. Gentrack today signed a "substantial upgrade" t...

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