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TSV lowers FY10 earnings guidance

TSV lowers FY10 earnings guidance

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.

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Tags hardwareforecastGuidanceTSV Limited

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