All good things come to those who wait and wait and wait and wait and wait........
Good ann - I have a call in to get a handle on EPS - will get back to you.
MAXIS CORPORATION LIMITED 2003-06-06 ASX-SIGNAL-G
HOMEX - Sydney
+++++++++++++++++++++++++ The Directors of Maxis Corporation (ASX code: MXS) announced today the expected earnings range for calendar year 2003. The Directors are pleased to announce that EBITDA for 31 December 2003 is anticipated to be within the range of $2.5 million and $3.5 million, assuming the completion of both the Heartland and Senteq transactions.
Both of these transactions are currently subject to shareholder approval at the upcoming members meeting anticipated for late July 2003.
The Directors note that in the six months to December 31, 2002 the Group reported an EBITDA loss of $1.59 million. Those results were significantly and adversely affected by $2.98 million of once-off restructuring costs.
The measures the Company has taken to restructure the business, and the steady monthly growth in the operating EBITDA for the Group in the calendar year to date, coupled with recent success in securing $2.1 million of additional project work, has enabled Directors to outline earnings for the calendar year 2003.