FY16 guidance maintained
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.
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