Ann: Longtable Group to acquire St David Dairy and raises $15m, page-14

Paris Creek EBITDA grew for the last 3 years at 13%.

FY17 = $1.9m

We can project +13% EBITDA FY18 = $2.15m


St David Acquisition EBITDA FY18 =

$1.7m


Combined I see EBITDA FY18 = $4m +

Revenues also look to exceed $25m.

Note that these figures DON’T take into account increased LON sales team,distributing channels and Factory upgrade capacity of 30m Litres compared to 10m Litres in FY17.


Maggie Beer Must also be taken into account which may not yet be break even.