Amino’s recent interim results highlighted a good first half, with strong performance in North America the key driver of growth in both revenue and EBITDA. On a standalone basis the group is in a strong position going into H2 but the acquisition of Entone for a total consideration of $73.0m is now the main catalyst. We believe the acquisition is a good operational fit and is highly accretive in all forecast years (+33% to FY’16). The combined group is sitting on an attractive multiple of just 13 ....
17 Aug 2015
Shares attractive after highly accretive deal
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Shares attractive after highly accretive deal
Aferian plc (AFRN:LON) | 11.8 0 0.0% | Mkt Cap: 13.1m
- Published:
17 Aug 2015 -
Author:
N+1 Singer Team -
Pages:
6
Amino’s recent interim results highlighted a good first half, with strong performance in North America the key driver of growth in both revenue and EBITDA. On a standalone basis the group is in a strong position going into H2 but the acquisition of Entone for a total consideration of $73.0m is now the main catalyst. We believe the acquisition is a good operational fit and is highly accretive in all forecast years (+33% to FY’16). The combined group is sitting on an attractive multiple of just 13 ....