External broker reports(aggregated public sources), Moelis Australia Ltd

MA Moelis Australia

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External broker reports(aggregated public sources)

Moelis Australia Ltd

Equity Bottom-Up

<ul><li>The company now expects FY24e EBITDA in the range of $44-46m, up from prior guidance range of 10-15% EBITDA growth, or FY24e EBITDA range of $40-42m.</li><li>Upgraded guidance range implies 20-25% EBITDA growth yoy and follows swiftly from prior upgrade at the interim result (23 February).</li><li>As previously announced on 2 April, GNP was awarded two contracts by Fortescue Ltd for civil foundations and construction of a 220kV single circuit overhead transmission line to transmit power to the Solomon and Eliwana mines.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The company now expects FY24e EBITDA in the range of $44-46m, up from prior guidance range of 10-15% EBITDA growth, or FY24e EBITDA range of $40-42m.Upgraded guidance range implies 20-25% EBITDA growth yoy and follows swiftly from prior upgrade at the interim result (23 February).As previously announced on 2 April, GNP was awarded two contracts by Fortescue Ltd for civil foundations and construction of a 220kV single circuit overhead transmission line to transmit power to the Solomon and Eliwana mines.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

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