GTN (ASX:GTN) is expecting Adjusted EBITDA for the half-year ending 31 December 2022 to be in the range of $11.8M - $12M, compared to $10.2 million in the previous corresponding period.
GTN says Group revenue is expected to be around $90 million, with Australia increasing by 20%, Canada increasing substantially, and the UK decreasing compared to the previous year.
The company also says its used strong cash flow to pay dividends, buy back shares and maintain low gearing and cash reserves.
GTN says it doesn't plan to update its guidance prior to the results announcement.