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<WIRE> Link Administration (ASX:LNK) Expects to Report FY23 Group Operating EBIT of A$178.1 Million



Link Administration anticipates to report an FY23 Group Operating EBIT approximately A$178.1 Million.

The company also expects a FY23 statutory loss (after tax) of roughly A$417.7 million.

Moving into the FY24, they forecast a gain of nearly A$280.3 million (net of tax) upon successful completion of the FS sale.

The sale of the FS Business to the Waystone Group and the announcement of the settlement are expected to span across two financial years.

Link Administration (ASX:LNK) also projects the completion of the FS sale by October 2023, pending the satisfaction of the remaining conditions.

Lastly, the BCM sale is targeted to wrap up by September 2023, as previously outlined.

Link Administration (ASX:LNK) is a leading provider of services in share registry, employee share plans, customer relationship management, and stakeholder management.


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