Nine Entertainment (ASX:NEC) expects $390 to $410M EBITA as CFO resigns - Sequoia Direct Pty Ltd

10JulJuly 10, 2020

Nine Entertainment (ASX:NEC) expects $390 to $410M EBITA as CFO resigns

Nine Entertainment (ASX:NEC) CFO Paul Koppelman has resigned for personal reasons, including the recent death of a family member.

The current Group Financial Controller, Graeme Cassells will take on the role of acting CFO effective immediately.

This news came this morning as Nine Entertainment announced that it is expecting to report Group EBITDA in the range of $390 to $410 million for the 2020 financial year.

Wholly owned net debt at 30 June 2020 is expected to be around $300 million.

Shares in Nine Entertainment (ASX:NEC) are trading 0.36 per cent higher at $1.38.
Copyright 2020 – Finance News Network

Source: Finance News Network

Related Posts

03OctOctober 3, 2019

Telix Pharmaceuticals to acquire a European production facility

03 Oct 2019 - Telix Pharmaceuticals (ASX:TLX) has entered into a conditional purchase agreement with technology giant Eckert & Ziegler to acquire a radiopharmaceutical production facility in Belgium.

11JulJuly 11, 2024

Stocks of the Hour: Augustus Minerals, Clara Resources, Taruga Minerals

11 Jul 2024 - A snapshot of the stocks on the move, featuring Augustus Minerals (ASX:AUG), Clara Resources (ASX:C7A) and Taruga Minerals (ASX:TAR).

27MarMarch 27, 2023

Stocks of the Hour: ImpediMed, Alloggio Group, Great Boulder Resources

27 Mar 2023 - A snapshot of the stocks on the move featuring ImpediMed (ASX:IPD), Alloggio Group (ASX:ALO) and Great Boulder Resources (ASX:GBR).

18DecDecember 18, 2019

Coca-Cola Amatil’s (ASX:CCL) CFO leaves for Ramsay Healthcare (ASX:RHC)

18 Dec 2019 - Coca-Cola Amatil (ASX:CCL) is set to say goodbye to Martyn Roberts as their Group Chief Financial Officer to take up a position with Ramsay Health Care (ASX:RHC).

29AprApril 29, 2024

Stocks of the Hour: Lanthanein Resources, Orange Minerals, Aspire Mining

29 Apr 2024 - A snapshot of the stocks on the move, featuring Lanthanein Resources (ASX:LNR), Orange Minerals (ASX:OMX) and Aspire Mining (ASX:AKM).

29MarMarch 29, 2023

Stocks of the Hour: Mamba Exploration, Globe Metals & Mining, Walkabout Resources

29 Mar 2023 - A snapshot of the stocks on the move featuring Mamba Exploration (ASX:M24), Globe Metals & Mining (ASX:GBE) and Walkabout Resources (ASX:WKT).

23JanJanuary 23, 2020

The Commonwealth Bank of Australia (ASX:CBA) says class action launched against Colonial First State Investments

23 Jan 2020 - The Commonwealth Bank of Australia (ASX:CBA) reports that class action proceedings have been filed by Shine Lawyers against Colonial First State Investments, a subsidiary of CBA.

10DecDecember 10, 2019

AUSTRAC adjourn Westpac (ASX:WBC) case

10 Dec 2019 - Westpac (ASX:WBC) and AUSTRAC appeared in the Federal Court for a case management hearing in relation to the anti-money laundering regulator’s proceedings.

03SepSeptember 3, 2019

Starpharma VivaGel regulatory approvals continue in Asia

03 Sep 2019 - Starpharma (ASX:SPL) has today announced that it has received a further regulatory approval in another Asian country for its product VivaGel® BV.

19AprApril 19, 2021

Worley (ASX:WOR) receives Chevron contract for Gulf of Mexico asset

19 Apr 2021 - Chevron USA has awarded Worley (ASX:WOR) a contract for a deepwater facility in the Gulf of Mexico.