Report
Chris Kallos, CFA
EUR 147.86 For Business Accounts Only

Ebos Issues Fiscal 2017 Earnings Guidance at Annual General Meeting; Maintaining Fair Value Estimate

Ebos Group provided a brief trading update at its annual general meeting, or AGM, confirming fiscal 2017 has started well. Management also provided guidance, with net profit after tax projected to increase between 7% and 10% on fiscal 2016, in constant-currency terms. This is below our prior estimate of 19% on a comparable basis.
As a result, we are moving to a more conservative EBITDA margin assumption in the Australian healthcare business, and we trim our fiscal 2017 forecast EPS by 6% to NZD ...
Underlying
Ebos Group

EBOS Group is a provider of medical and healthcare products to the human and animal markets. Co. operates in two business segments, being Healthcare, which incorporates the sale of healthcare products in a range of sectors, own brands, retail healthcare, wholesale activities, and logistics; as well as Animal Care, which incorporates the sale of animal care products in a range of sectors, own brands, retail and wholesale activities. Co.'s operations are primarily in New Zealand and Australia.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chris Kallos, CFA

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch