• JLG did not consider its 1H FY25 earnings differed materially from market expectations
• Variance between updated FY25 guidance and market consensus was not material
• JLG has adequate arrangements to disclose price-sensitive information promptly

In response to an ASX Aware Letter, Johns LYNG Group Ltd (JLG) stated that it did not consider any measure of its statutory or underlying earnings for the half year ended 31 December 2024 (1H FY25) differed materially from the market's expectations. JLG noted that it did not publish earnings guidance for 1H FY25, but had issued FY25 guidance which was later downgraded. The company also reviewed sell-side analyst forecasts to determine market consensus, which was slightly higher than its revised FY25 guidance. JLG concluded that the variance between its updated FY25 guidance and market expectations was not material, at around 4.5% for EBITDA and 5% for revenue. The company stated it has internal reporting systems and a Market Disclosure Policy that sets out clear guidance for assessing price-sensitive information. JLG's Disclosure Committee is responsible for ensuring compliance with the company's continuous disclosure obligations. The company confirmed it is in compliance with the ASX Listing Rules, including Listing Rule 3.1.

JLG downgraded its FY25 guidance to Sales Revenue of $1.167bn (-5.0% vs. previous guidance) and EBITDA of $126.5m (-4.5% vs. previous guidance).