Eftel lowers 2H ebitda estimate to $700k-1m

Eftel lowers 2H ebitda estimate to $700k-1m

Telecom operator Eftel (ASX:EFT) expects to post a 2H ebitda in the range of $700,000 to $1 million.

The company said its estimate, while short of its financial aims, is a significant improvement on its 1H result of $206,000.

The company has lowered its ebitda outlook for the full year of between $900,000 and $1.2 million. In FY09, the company’s ebitda was $174,000.

Currency fluctuations and the progress of the planned BroadbandNext expansion in this quarter could affect the ultimate outcome, Eftel said.

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Tags ebitda Eftel Forecast telecommunications

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