UMG: Trading Update

UNITED MALT GROUP LIMITED

• United Malt Group Limited expects 1H23 Underlying EBITDA of approximately $51 million, lower than previous guidance of $58-66 million.
• Lower sales volumes and delayed start of Inverness facility contributed to the reduced anticipated earnings.
• One-off costs and higher than anticipated SaaS costs impacted EBITDA during the period.

2023-04-27 08:20:00