CAA.ASX: Profit Guidance

Profit Guidance

Stock	Capral Ltd (CAA.ASX)
Release Time	19 Dec 2024, 1:20 p.m.
Price Sensitive	Yes

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Capral Ltd Provides Profit Guidance Update

Key Points

Expected to achieve top end of FY24 guidance range
Underlying EBITDA range $50m to $54m
NPAT range $23m to $27m

Full Summary

Capral Ltd has provided an update on its profit guidance for the year ending 31 December 2024. The company had previously provided guidance at its half-year results release on 28 August 2024, with an expected underlying EBITDA range of $50 million to $54 million, and an NPAT range of $23 million to $27 million. Capral has now advised that market conditions in the second half of the year have been better than anticipated, resulting in an expected lift in FY24 earnings to the top end of this guidance range, or slightly above. The company has stated that this updated guidance has been approved and authorised for release by Capral's Board of Directors.

Guidance

Underlying EBITDA range $50m to $54m, NPAT range $23m to $27m for the financial year ending 31 December 2024.