IRESS Ltd

IRE: XASX (AUS)
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Iress: Near-Term Sugar Hit From Cost Reductions, but Longer-Term Repercussions Exist

Iress announced plans to increase operating margins through additional cost reductions. The company is targeting cash EBITDA (EBITDA less capital expenditure) margins of around 25% by the end of 2026, up from its own expected margin of around 19% in 2025.

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