Paysafe expects to report FY16 revenues and EBITDA ahead of our forecasts and expects organic growth of at least 10% in FY17. We have upgraded our revenue and EPS forecasts to reflect the new guidance and the recently announced share buyback. Although the share buyback means that net debt will reduce more slowly than previously forecast, we estimate that the company should still have headroom for further M&A.
19 Jan 2017
Positive 2017 outlook
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Positive 2017 outlook
Paysafe Group (PAYS:LON) | 0 0 0.0% | Mkt Cap: 2,787m
- Published:
19 Jan 2017 -
Author:
Katherine Thompson -
Pages:
3
Paysafe expects to report FY16 revenues and EBITDA ahead of our forecasts and expects organic growth of at least 10% in FY17. We have upgraded our revenue and EPS forecasts to reflect the new guidance and the recently announced share buyback. Although the share buyback means that net debt will reduce more slowly than previously forecast, we estimate that the company should still have headroom for further M&A.