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Duratec is Friday's biggest faller on guidance downgrade. Is it an overreaction?
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Duratec is Friday's biggest faller on guidance downgrade. Is it an overreaction?
Duratec Ltd (ASX:DUR) shares have been down -6.75% heading into lunchtime trades on Friday as the company declared a revenue downgrade for FY25. That full downgrade ultimately looks like around $2 to 3 million less in earnings before tax for the full year – with the EBITDA guidance now reflecting $50M to $53M. Previously, it was $52M to $56M. So, a disappointing change to be sure – after all, fifty-six million nearly looks like $60M on paper – b…
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