Manawa Energy has revised its forecast earnings for the 12 months to 31 March 2023, with EBITDAF now expected to be within a range of $127.5m-$140m, down from the previously predicted range of $140m-$160m.
This revised guidance is due to a challenging first half, increased operational expenditure and a significant uplift in forward prices.
Manawa has also confirmed that the range of its expected capital expenditure in FY23 remains unchanged at $45m-$55m.
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