Healthcare and communications equipment supplier TSV Holdings (ASX:TSH) has lowered its earnings guidance in the face of difficult business conditions.
The company now expects to break even for FY10, compared to a post-tax profit of $805,000 in the previous corresponding period.
TSV is forecasting a full-year ebitda of $1.1 million, and revenue of $42 million. This compares to $47.2 million revenue in the previous year.
TSV shares are trading unchanged at $0.120.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.