Business
Link Administration’s intriguing profit upgrade – The Australian Financial Review
Link Administration is in the middle of a game-changing transformation that could deliver shareholders at least $400 million in additional value. But it could also…
Bhatia told staff in an email the guidance upgrade was “a great step towards our continued focus on growth and delivering strong performance outcomes thank you to everyone for your contribution and the part you have played in this result”.
“Let us continue this momentum to make FY2021 our best year yet!”
That is a big call given Link’s best year in 2017 saw the stock hit a market cap of $4.4 billion. At that time Link was regarded as a growth stock. It lost that mantle in 2018 due to profit downgrades.
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