Australia: Regis shares crash on disappointing update

Shares in ASX-listed aged care provider Regis Healthcare slumped yesterday after the group released a disappointing trading update. Although it reaffirmed the range of the guidance of its full year profits – A$47m (US$32.8m) to A$51m – and that second half EBITDA was anticipated to be broadly in line with the first half, Regis said…

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