Petra has released their preliminary results (unaudited) for the year ended 30 June 2023. The company had updated the market on its operational figures for the year, including revenue and net debt, and therefore the focus is on earnings achieved in the financial year. Overall, the company has managed to maintain a healthy Adj. EBITDA of $113m (6% above Tamesis Estimates) with an accompanying margin of 35%. The company's PBT and PAT were higher than our expectation as a result of EBITDA exceeding ....

15 Sep 2023
FY23 Results In Line

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FY23 Results In Line
Petra Diamonds Limited (PDL:LON) | 50.8 0 0.0% | Mkt Cap: 98.8m
- Published:
15 Sep 2023 -
Author:
David Butler -
Pages:
4 -
Petra has released their preliminary results (unaudited) for the year ended 30 June 2023. The company had updated the market on its operational figures for the year, including revenue and net debt, and therefore the focus is on earnings achieved in the financial year. Overall, the company has managed to maintain a healthy Adj. EBITDA of $113m (6% above Tamesis Estimates) with an accompanying margin of 35%. The company's PBT and PAT were higher than our expectation as a result of EBITDA exceeding ....