Eclipx Group Announced FY19 Results; Reported a statutory loss after tax of $341.5 million

  • Nov 13, 2019 AEDT
  • Team Kalkine

Leading provider of fleet leasing, fleet management and diversified financial services, Eclipx Group Limited (ASX: ECX) has released its full-year results for the twelve months ended 30 September 2019.

For FY19, the company reported a statutory loss after tax of $341.5 million compared with $53.2 million profit for FY18.

The company also provided an update on its Simplification Plan which was announced in 31 May 2019. Since announcement, the Group successfully disposed of three of its five non-core businesses which include GraysOnline, AreYouSelling and Commercial Equipment Finance Australia.

 

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