Broker Coverage, page-10

Entered fresh high territory last week on ann confirming "expectation that FY17 sales and earnings will be at the upper end of its previously announced guidance ranges."



Ann highlights:

• Confirms it expects total sales and pro-forma EBITDA for FY17 will be at the upper end of the previously announced guidance ranges of $59m to $64m, and $18m to $21m.
• Freedom has a medium term goal of becoming the second largest participant in the direct life insurance market for sales.
• Launched its 'Freedom Loan Protection' product in May 2017. Expects to launch a new simple direct life product, June 2017.