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

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