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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessChorus Ltd Tracking Towards Upper End of FY Guidance As CEO Announces Departure
- Chorus Ltd reported H1 results after the close, H1 EBITDA of EUR 347mn vs. EUR 342bn in H123; FY outlook unchanged with EBITDA/CapEx tracking to upper halves of ranges.
- EBITDA leverage rose from 4.4x at FY23 to 4.6x against rating-agency thresholds of 5.25x/5.0x and a stated intention to not go past 4.75x.
- CEO JB Rousselot to step down in April, replaced by COO Mark Aue
- “Chorus is undertaking a capital management review and expects to provide an update at the FY24 results.”
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.