mxs maximus!!

  1. Yak
    13,672 Posts.
    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.


    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

    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.

    For further information contact:

    Robin Devries
    02 8425 4404
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