Paysafe has confirmed that trading year to date is in line with management expectations and therefore its FY16 guidance remains unchanged. The group expects to achieve revenues of $970-990m and EBITDA of $287-293m. We leave our forecasts unchanged and note that Paysafe continues to trade at a discount to its peer group on an EV/EBITDA and P/E basis.
09 Nov 2016
FY16 guidance maintained
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FY16 guidance maintained
Paysafe Group (PAYS:LON) | 0 0 0.0% | Mkt Cap: 2,787m
- Published:
09 Nov 2016 -
Author:
Katherine Thompson -
Pages:
2
Paysafe has confirmed that trading year to date is in line with management expectations and therefore its FY16 guidance remains unchanged. The group expects to achieve revenues of $970-990m and EBITDA of $287-293m. We leave our forecasts unchanged and note that Paysafe continues to trade at a discount to its peer group on an EV/EBITDA and P/E basis.