To provide an indication of the EPS enhancement of the Retra acquisition, we have included illustrative projections for Retra for FY2017 and beyond. Other than increasing our 2018 and 2019 dividend forecasts by 10%, we have made no changes to any of our Warpaint forecasts. For Retra we assume a 10% increase in its sales each year from its £17.5m base in 2016, so no potential revenue or cost synergies. This still leads to a 9-10% increase in our 2017 and 2018 EPS forecasts. We reinstate
30 Nov 2017
Retra buy enhances earnings and dividends
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Retra buy enhances earnings and dividends
Warpaint London PLC (W7L:LON) | 448 78.3 4.1% | Mkt Cap: 345.7m
- Published:
30 Nov 2017 -
Author:
Robert Sanders -
Pages:
12
To provide an indication of the EPS enhancement of the Retra acquisition, we have included illustrative projections for Retra for FY2017 and beyond. Other than increasing our 2018 and 2019 dividend forecasts by 10%, we have made no changes to any of our Warpaint forecasts. For Retra we assume a 10% increase in its sales each year from its £17.5m base in 2016, so no potential revenue or cost synergies. This still leads to a 9-10% increase in our 2017 and 2018 EPS forecasts. We reinstate