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Embattled APM set to confirm horror year for earnings and profit as it pitches takeover offer to investors

Pelican Press

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Embattled APM set to confirm horror year for earnings and profit as it pitches takeover offer to investors

Struggling takeover target APM has confirmed a staggering slump in full-year earnings and profit, with both key measures set to just scrape into already-downgraded guidance ranges.

The Michael Anghie-led global human services group on Wednesday revealed preliminary unaudited underlying earnings before interest, tax and amortisation for the year ended June 30 would likely come in at $281 million.

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