Johns Lyng Group Limited Announces Consolidated Earnings Results for the Half-Year Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year 2019
For the fiscal year 2019, the company's sales are expected to outperform forecast in the order of 4% and 8% respectively on a normalized basis. This forecast includes early claims activity for the NSW hail storm CAT but does not include activity from the recent Townsville CAT event which is at this point too early to quantify.