External broker reports(aggregated public sources), Ord Minnett

Ord Minnett

Ord Minnett is a leading Australian wealth management group, incorporating full-service stockbroking, financial planning and funds management. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

Big River Industries Pty Ltd / Equity Bottom-Up

<div><div><div><div><ul><li>Big River (‘BRI’) delivered a strong 1H23 result, with revenue and EBITDA exceeding our expectations by 7% and 12%, respectively.</li><li>In our view, BRI’s guidance displayed resilience relative to the macroeconomic backdrop.</li><li>Management guided to 2H23 results being in-line with consensus forecasts (i.e. ~$25m), implying FY23 EBITDA of ~$53m (OMLe $52.8m). </li></ul></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Big River (‘BRI’) delivered a strong 1H23 result, with revenue and EBITDA exceeding our expectations by 7% and 12%, respectively.In our view, BRI’s guidance displayed resilience relative to the macroeconomic backdrop.Management guided to 2H23 results being in-line with consensus forecasts (i.e. ~$25m), implying FY23 EBITDA of ~$53m (OMLe $52.8m). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Big River Industries Limited - Bucking the Trend