Bravura Solutions Limited (AU:BVS) has released an update.
Bravura Solutions Limited announces a significant increase in its FY24 EBITDA guidance to approximately $25m, surpassing previous estimations of $18m-$22m, attributed to a successful year of business transformation and cost optimization. Group CEO Andrew Russell highlights the company’s return to profitability and promising cash EBITDA margin growth, with a healthy balance sheet. Full year results will be released on August 14, 2024, accompanied by a teleconference and webcast for analysts and investors.
For further insights into AU:BVS stock, check out TipRanks’ Stock Analysis page.