Avada (ASX: AVD)

Project cancellations and delays, union activities in the sector, and continued unstable weather appear to have flustered traffic management company Avada Group (ASX: AVD), which was prompted to review its FY24 guidance.  Its FY24 underlying EBITDA is forecast to be between $14.5m and $15.5m, down from FY23’s $16.1m and its previously issued FY24 guidance of

After battling some climate woes and addressing the underperformance of some units, traffic management company AVADA (ASX: AVD) is powering through. In FY23, it has reported an increase in earnings, forecasting FY24 numbers to look up too. The Company’s earnings reached $15.8 million for the full year, with $8.7 million achieved in the second half

Finding yourself irritated at having to change outfits constantly due to unpredictable weather conditions? You’re not alone. Traffic management services provider Avada Group (ASX: AVD) has had to weather some frustrating climatic conditions, and it has impacted the Company’s financials.  However, as per its latest projections, Avada is poised for a strong finish in H2

A leading traffic management operator AVADA (ASX: AVD) has gotten the green light to enter the New Zealand market having entered into a binding agreement to acquire Wilsons, the largest traffic management company in New Zealand’s South Island. The purchase price for the acquisition includes a cash payment of $8.8 million (subject to customary working