BRIEF-Mix Telematics Sees FY Adjusted EBITDA Of R571 Mln To R584 Mln

  • Reuters
  • Stock Market News
BRIEF-Mix Telematics Sees FY Adjusted EBITDA Of R571 Mln To R584 Mln
Credit: © Reuters.

Jan 31 (Reuters) - MIX Telematics Ltd MIXJ.J :

* COMPANY RAISES FULL-YEAR GUIDANCE

* Q3 SUBSCRIPTION REVENUE OF R439 MILLION , UP 16% YEAR OVER YEAR ON A CONSTANT CURRENCY BASIS

* Q3 NET SUBSCRIBER ADDITIONS OF 22,100

* SEES FY TOTAL REVENUE - R1,951 MILLION TO R1,969 MILLION

* Q3 OPERATING PROFIT OF R87 MILLION ($6.0 MILLION)

* SEES FY ADJUSTED EBITDA - R571 MILLION TO R584 MILLION ($41.8 MILLION TO $42.8 MILLION)

* Q3 ADJUSTED EBITDA OF R156 MILLION ($10.8 MILLION)

* SEES FY ADJUSTED EARNINGS PER DILUTED ORDINARY SHARE OF 36.4 TO 38.6 SOUTH AFRICAN CENTS

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