Post by
FrozenInOntario on Jul 23, 2021 9:17am
Business seems to be booming in Australia
Just released today. Bodes well for MDI acquisition in May.
Following the completion of the Company’s year-end management accounts, DDH1 confirms that preliminary unaudited Pro- Forma Earnings before Depreciation, Amortisation, Interest and Tax (Pro-Forma EBITDA1 ) is expected to be $74.8 million, which is 7.9% higher than the forecast of $69.3 million contained in its Initial Public Offering Prospectus (Prospectus), which was published in February 2021. Preliminary unaudited Pro-Forma Earnings before Interest and Tax (Pro-Forma EBIT1 ) is expected to be $51.1 million, which is 16.1% higher than the $44 million Prospectus forecast.