The transformative deal to acquire Perfect Commerce has now completed and PROACTIS has updated the market on trading for the year end. Financial metrics and deal volumes are in line with expectations following a year of good new business wins and strong organic growth. While bringing our FY2017E estimates in line with the trading update, we make no changes to underlying forecasts for FY2018E, but we do update them to reflect the earnings-enhancing Perfect deal.
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Powering on
- Published:
13 Sep 2017 -
Author:
Gareth Evans -
Pages:
4
The transformative deal to acquire Perfect Commerce has now completed and PROACTIS has updated the market on trading for the year end. Financial metrics and deal volumes are in line with expectations following a year of good new business wins and strong organic growth. While bringing our FY2017E estimates in line with the trading update, we make no changes to underlying forecasts for FY2018E, but we do update them to reflect the earnings-enhancing Perfect deal.