BRIEF-PEXA Group To Exit Majority-Owned Digital Solutions Businesses

Reuters02-16

Feb 16 (Reuters) - PEXA Group Ltd PXA.AX:

TO EXIT MAJORITY-OWNED DIGITAL SOLUTIONS BUSINESSES
DECISION TO DRIVE A$26 MILLION IN NET IMPAIRMENTS
SIGNIFICANT ITEMS OF A$7 MILLION-A$8 MILLION IN 1H26 RESULTS
COST OPTIMISATION PROGRAM EXPECTED TO DELIVER >A$10M SAVINGS
FY26 REVENUE GUIDANCE RESTATED TO A$395M-A$415M
PEXA GROUP SEES GROUP CAPEX -A$50M TO -A$55M FOR FY26
PEXA GROUP SEES GROUP CORE NPAT CONTINUING OPERATIONS A$15M-A$25M FOR FY26

Further company coverage: PXA.AX

((Reuters.Briefs@thomsonreuters.com;))

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