2339 GMT - Macquarie isn't changing its neutral call on Bravura Solutions despite its upgraded FY 2026 guidance. Bravura forecast annual cash Ebitda of A$77 million. That's up some 8.5% on the midpoint of an earlier forecast range of A$69 million-A$73 million. It reflects tight cost control and demand for project services. "Whilst this was a strong update from Bravura, we continue to lack visibility on the pipeline of potential new work across regions and ability for management to drive further cost out to improve margins into FY27 and across the medium term," says Macquarie. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
July 13, 2026 19:39 ET (23:39 GMT)
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