Here are some projections i did for EBITDA, i assumed Group Services costs stayed at 33% of CGU's, i guessed some growth targets (or not) for other divisions but they arent that important, as you can see E&W is the big driver.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Column 8
Column 9
0
Financial Year
2017
2018
2019
2020
2021
2022
2023
1
Enterprise & Wholesale
15.00%
276.9
318.7
366.5
421.5
484.7
557.4
641.0
2
Commander
-10.00%
97.6
87.1
78.4
70.6
63.5
57.1
51.4
3
Consumer
3.00%
86.3
84.4
86.9
89.5
92.2
95.0
97.8
4
New Zealand
5.00%
53.7
56.6
59.4
62.4
65.5
68.8
72.2
5
CGU
514.5
546.8
591.3
644.0
705.9
778.3
862.5
6
Group Services
-171.9
-180.7
-196.5
-214.0
-234.6
-258.6
-286.6
7
EBITDA
366.4
366.1
394.8
430.0
471.4
519.7
575.9
VOC Price at posting:
$3.06 Sentiment: Buy Disclosure: Held