Vocus Group Holds 2019 Annual General Meeting

  • Oct 29, 2019 AEDT
  • Team Kalkine

Vocus Group Limited (ASX: VOC) convened its 2019 Annual General Meeting, and all resolutions were passed in the meeting.

The company reiterated FY20 guidance of Underlying EBITDA in the range of $359 to $379 million. It is expected that EBITDA growth in Vocus Networks of $20 to $30 million would be offset by a similar decline in Retail business.

VOC is committed to become Australia’s specialist fibre and network solutions provider.Key improvement plans are underway in service delivery, sales commission, account management, product roadmap, and areas to reduce cost.

By 1:33 PM AEST, VOC was trading at $3.53, up by 3.82% relative to the last close.

 

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