APN expects weaker results

Company News

APN News & Media Limited (ASX:APN) is expecting its second half result to be weaker than last year, between $75 million and $77 million.

Earnings before interest and tax is tipped to be between $171 million and $173 million.

The company says trading for the second half was significantly better than the June half, which was impacted by a series of natural disasters in Queensland and New Zealand.

APN News & Media Limited (ASX:APN) reported a loss of $87.4 million in the six months to June.


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