Beacon Lighting Group Limited Provides Earnings Guidance for the Full Year Ending June 26, 2016
May 18, 2016 at 04:18 am IST
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Beacon Lighting Group Limited provided earnings guidance for the full year ending June 26, 2016. The Group is reporting that it is expecting to achieve Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) for the full year ending June 26, 2016 to be within the range of $28.2 million to $29.2 million, compared with $27.4 million for the corresponding period in fiscal 2015. The Group is expected to report that Sales and Net Profit after Tax (NPAT) for fiscal 2016 will exceed fiscal 2015 which was a year in which the Group achieved outstanding results.
Beacon Lighting Group Limited is engaged in the retail, trade, and eCommerce lighting, ceiling fan, and electrical accessories business. The Company has several other specialist lighting businesses operating under several brands in Australia. The Company operates through the selling of light fittings, fans and electrical accessories products. It also operates Beacon International, which is an international fan wholesale business based in several countries and servicing customers worldwide. Its products include pendant lighting, chandeliers, downlights, and others. It operates businesses under Beacon Lighting, Beacon Commercial, Beacon International, Light Source Solutions, Custom Lighting, Masson for Light and Connected Light Solutions. Its trading businesses consist of 121 Beacon Lighting company stores; Beacon International offices in Hong Kong, Germany, the United States of America, and China; Masson for Light store; Custom Lighting store; Beacon Lighting Wholesale and others.