CLH 0.00% 22.0¢ collection house limited

News: CLH Collection House Says Co Acquired ACM Group's Purchase Debt Ledger

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    March 4 (Reuters) - Collection House Ltd (CLH) :

    • COLLECTION HOUSE LIMITED ACQUIRES ACM GROUP LIMITED'S PURCHASE DEBT LEDGER
    • TOTAL CASH CONSIDERATION FOR DEAL WILL BE $40.3MLN
    • TOTAL CASH CONSIDERATION WILL BE $40.3 MILLION
    • EXPECTS TO INCUR $1.3M IN ONE-OFF ACQUISITION AND INTEGRATION COSTS IN FY19
    • ACM IS FORECAST TO CONTRIBUTE $5.5MLN TO EBIT IN FY20
    • EXPECTS TO REACH AT LEAST TOP-END OF CURRENT EPS GUIDANCE OF 15.5CPS ON A NORMALISED BASIS IN FY19
    • CLH REPORTS UPGRADE TO FY19 PDL PURCHASE GUIDANCE TO AT LEAST $120MLN
 
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