Kelsian Group Sees Fiscal Year 2025 Earnings at Lower End of Guidance, Shares Rise 14%

MT Newswires Live
05-07

Kelsian Group (ASX:KLS) reported year-to-date underlying earnings before interest, tax, depreciation, and amortization of AU$210.4 million, according to a Wednesday Australian bourse filing.

The company expects AU$2.8 million reduction in EBITDA due to Cyclone Alfred.

The company said its fiscal year underlying EBITDA is tracking towards the lower end of its guidance range of AU$283 million to AU$295 million.

The company has reiterated its intention to divest its tourism portfolio.

The company's shares rose 14% in recent Wednesday trade.

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