Full Year 2019 GTN Ltd Guidance Call Transcript

Jun 25, 2019 / 11:00PM GMT
Operator

Good day, and welcome to the GTN Limited FY '19 Earnings and Trading Update. Today's conference is being recorded. Representing the company today are Bill Yde, Managing Director and Chief Executive Officer; and Scott Cody, Chief Financial Officer and Chief Operating Officer.

Before I turn the call over to Bill, I would like to remind the listeners that this call is subject to the disclaimer and important information, which is included in today's ASX announcement. With that, I'll turn the call over to Bill Yde, Managing Director and Chief Executive Officer. Bill?

William L. Yde - GTN Limited - MD, CEO, President & Executive Director

Thank you, everyone, for joining us this morning. As announced to the market this morning, we anticipate that fiscal year '19 adjusted EBITDA will be between $37 million and $38 million compared to $48.1 million in the prior corresponding period. The decrease mostly pertains to the company's Australian operation, which is the key contributor to the company's earnings. We anticipate that revenue will be down in Australian

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