Echo first-half profit falls

Group's H1 NPAT hit by one-off costs from restructure of financing arrangements, Redmond to transition CEO role to Bekier.

Echo Entertainment Group (EGP) has posted a considerable decline in reported net profit after tax, due mostly to one-off costs associated with the restructure of financing arrangements.

The entertainment group has also announced the transition timeline for its change of leader, with chief executive officer and managing director John Redmond set to depart in the second-half of the year to be replaced by Matt Bekier.


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