Academies Australasia Group provides FY2016 EBITDA guidance

April 29 (Reuters) - Academies Australasia Group Ltd (AKG) :

  • Guidance for FY 2016 trading results (AKG)
  • Preliminary forecast unaudited EBITDA for FY 2016 is expected to be a loss of approximately $1.45 million
  • Primary reason for loss is poor performance of newco clb training & development as trustee for clb unit trust t/a spectra training
  • Forecast unaudited EBITDA for spectra for FY 2016 is expected to be a loss of approximately $3.11 million
                


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