MRM 0.00% 33.0¢ mma offshore limited

News: MRM MMA Offshore expects FY 2016 EBITDA lower than previous guidance

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    June 14 (Reuters) - MMA Offshore Ltd (MRM) :

    • MMA expects to deliver EBITDA slightly lower than the previously stated guidance for the 2016 financial year of A$75 - $85 million
    • Expects "extremely challenging" trading conditions experienced during 2h FY 2016 to continue at least into 1h FY 2017
    • Expect FY 2017 EBITDA to be significantly lower than the current broker consensus forecast for the year
 
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Currently unlisted public company.

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