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EVT Limited (ASX:EVT)

ALERT: Price-sensitive ASX Announcement for EVT
Current share price for EVT : $12.730 -1.06 (-7.69%)+
Announcement
Release
24 Apr 2026 8:50AM
Price at Release
$13.790
Full Release
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Summary
EVT Limited provided an FY26 update, expecting normalised EBITDA growth from the previous year despite challenges from the Middle East crisis. The Hotels division, contributing over 60% of EBITDA, anticipates marginal growth, supported by new acquisitions and room upgrades, but hampered by disruptions and ongoing projects. The Entertainment sector projects growth contingent on film performance, despite venue closures and the FIFA World Cup impacting attendance. The Thredbo segment forecasts normalised EBITDA between $22 to $23 million, considering variables like fuel costs and weather conditions impacting tourism.
Key Points
  • EVT Limited expects normalised EBITDA growth in FY26.
  • Hotels segment sees marginal EBITDA growth with challenges from projects and sales.
  • Entertainment growth depends on film performance, with closures and World Cup affecting it.
  • Thredbo forecasts EBITDA of $22 to $23 million, factoring in fuel costs and weather.
  • Middle East crisis impacts are offset by domestic demand and event line-ups.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.