Company updates
Silver Chef announced in December that it expected to miss full year guidance by the range of 10-15% and the half year results announced yesterday confirmed the issues raised by management at that time
Company updates
Last week, management of Silver Chef announced a downgrade to previously provided guidance in the range of 10-15%. The rate of growth in the GoGetta has been slower than previously forecast due to increased competition. The company still remains profitable and credit metrics remain well within acceptable levels.
Company updates
Silver Chef reported a 37% increase in revenues for the first half of 2013 from the prior year’s first half on the back of a similar increase in assets under rental agreements.
Company updates
FIIG Securities successfully arranged a $30m senior unsecured notes offering for Silver Chef Limited (ASX:SIV). The issue was launched on 30 August 2012 to professional and sophisticated investors only, with the order book oversubscribed and closed within 24 hours of launch
Company updates
The Silver Chef fixed rate notes brought exclusively to market by FIIG Securities for our clients in August this year have been awarded ‘Deal of the Quarter’ by KPMG’s Debt Advisory team in the accounting firms quarterly Debt Market Update.