Software solutions for utilities and airports company, Gentrack Group
(ASX:GTK) has decreased its full year FY19 EBITDA.
They now expect its full year FY19 EBITDA result to be within a range of between $27 million and $28 million new Zealand dollars.
This is a decrease from previous guidance of a full year FY19 EBITDA result marginally ahead of FY18 which was $31.0 million and is due to delays in customer projects and contracts, and bad debt risks in the UK.
Shares in Gentrack Group
(ASX:GTK) closed 5.09 per cent lower at $5.41.
