Gentrack signs up UK water utility firm, affirms earnings guidance

Wed, 15 Jul 2015

By Paul McBeth July 16 (BusinessDesk) - Gentrack Group, which develops utilities and airports software, completed one of two negotiations weighing on its forecasts with a UK water utility firm entering into a contract, and affirmed annual guidance provided in May. Chairman John Clifford said the board still expects annual earnings before interest, tax, depreciation and amortisation of between $13 million and $15.5 million in the year ending Sept. 30, despite signing the deal with the water utility, which is expected to be implemented in 2...

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