PRN has provided an updated FY22 guidance

May 23, 2022

Perenti Global Limited (ASX: PRN) has announced its updated FY22 guidance. The company has completed a detailed review of its FY22 forecast, and taking into account the potential impact of the incident at Zone 5, it now expects FY22 revenue of AU$2.4 billion and FY22 EBIT of between AU$170 million and AU$175 million.

Previously, on 22 February 2022, PRN announced its FY2022 guidance, with revenue expected to be between AU$2.2 billion and AU$2.4 billion and EBIT to be between AU$165 million and AU$185 million.

The company is also planning to provide a strategy update to the market in May 2022. Considering what occurred at Zone 5, the Company would now focus on the safety and wellbeing of all its people.

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