7 February 2018, Melbourne: Traffic Technologies Ltd (‘TTI’ or ‘the Company’) presents earnings guidance for the half year ended 31 December 2017.
TTI expects to report the following result for the half year ended 31 December 2017 compared to the previous corresponding period. The improved results demonstrate the effectiveness of the diversification program announced at the Company’s AGM held in November 2017.
- Revenue is expected to increase >20%
- EBITDA is expected to increase >18%
- EBIT is expected to increase >50%
- Net profit after tax (NPAT) is expected to increase >300%
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