Metroglass provides an update to its Australian Glass Group divestment process, indicating they expect it to deliver revenue of AUD 70.0 million, EBITDA of AUD 11.0 million and EBIT of AUD 6.0 million for the 12 months to 31 March 2023, and revenue, EBITDA and EBIT of approximately AUD 79.0 million, AUD 11.5 million, AUD 7.5 million respectively in the following year.
Metroglass also reaffirms its Group guidance for the current financial year of EBIT in the range of NZD 11.0 million to NZD 12.0 million, and net debt of less than NZD 63.0 million.
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