WiseTech Global (ASX:WTC) reaffirms FY20 guidance

22Apr

WiseTech Global (ASX:WTC) reaffirms FY20 guidance

 

WiseTech Global (ASX:WTC) today reaffirmed FY20 guidance , subject to currency movements with revenue of $420 million – $450 million.

This represents revenue growth of 21 per cent – 29 per cent, and EBITDA of $114m – $132m, growth of 5 per cent – 22 per cent

The continued demand for their globally integrated logistics technology is demonstrated by the global freight-forwarding rollouts already underway, and the finalisation in March of a further global rollout commitment with another of the world’s largest logistics providers, Hellmann Worldwide Logistics, starting in 2021.

WiseTech Global (ASX:WTC) are trading 11.3 per cent higher at $15.33.
 
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

27Jan

Ampol (ASX:ALD) successfully completes $300 million off-market share buy-back

25 Jan 2021 - Ampol (ASX:ALD) has successfully completed a $300 million off-market share buy-back.

Read More
13Nov

Mayne Pharma (ASX:MYX) completes licensing and supply agreement

13 Nov 2019 - Mayne Pharma Group Limited (ASX:MYX) announces the completion of the licensing and supply agreement for a novel oral contraceptive.

Read More
27Apr

Stocks of the Hour: AMP, TPG & Accent Group

23 Apr 2021 - A snapshot of companies making headlines for the hour, featuring AMP (ASX:AMP), Accent Group (ASX:AX1) & TPG Telecom (ASX:TPG)

Read More
21Feb

Pilbara Minerals (ASX:PLS) moderates production on soft lithium market

21 Feb 2020 - Pilbara Minerals (ASX:PLS) saw weaker customer demand and lower spodumene concentrate prices which both impacted the company’s half year results.

Read More
11May

Z Energy (ASX:ZEL) reports $88 million loss

11 May 2020 - Z Energy (ASX:ZEL) reported a net loss after tax of $88 million New Zealand dollars for the year ending 31 March 2020.

Read More
10Dec

Wisr (ASX:WZR) appoints Joanne Edwards from CBA

10 Dec 2019 - Wisr (ASX:WZR) is pleased to announce the appointment of former Commonwealth Bank of Australia (CBA) General Manager of Unsecured Risk, Joanne Edwards, to the Company’s newly created role of Chief Risk and Data Officer.

Read More
04Mar

Starpharma (ASX:SPL) see Okamoto licence Vivagel condoms in Asian countries

04 Mar 2020 - Starpharma (ASX:SPL) today announced that following the successful launch of the VivaGel antiviral condom by Okamoto Industries in Japan, they are now seeking to expand its licence territory in Japan.

Read More
07Feb

Kathmandu (ASX:KMD) report rise in Rip Curl sales

07 Feb 2020 - Adventure retailer Kathmandu (ASX:KMD) report group underlying EBIT for the first half of financial year 2020 is expected to be around 40 per cent above the same period last year following the successful acquisition of surf retailer Rip Curl.

Read More
17Jul

Sezzle (ASX:SZL) opens $7.2M SPP

17 Jul 2020 - Buy now, pay later company, Sezzle (ASX:SZL) has opened its $7.2 million security purchase plan.

Read More
25Sep

Stocks of the Hour: Peppermint Innovation, Great Boulder Resources, Infini Resources

25 Sep 2024 - A snapshot of the stocks on the move, featuring Peppermint Innovation Ltd (ASX:PIL), Great Boulder Resources (ASX:GBR) and Infini Resources (ASX:I88).

Read More