Unemployment rate remains at 3.5pc; Australian shares open 0.1pc lower; AGL appoints Damien Nicks as CEO; BHP delivers record iron ore output; Nanosonics upgrades guidance. Follow updates here.
Nanosonics expects to report profit before tax of around $11.4 million for the first half of FY23, compared with $3.3 million in the prior corresponding period .
Total revenue for the half year is projected to be $81.6 million, representing an increase of 35 per cent compared with the pcp. Gross margin for the half year is expected to be around 79 per cent, compared with 77 per cent in the pcp. The strong first half means Nanosonics adjusted its forecast total revenue growth for the full year to between 36 per cent to 41 per cent, from 20 per cent to 25 per cent previously.
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