EVS envirosuite limited

Ann: New Acquisition , page-2

  1. 1,543 Posts.
    lightbulb Created with Sketch. 5
    Looks good to me, as appears to be carefully made acquisition. No scrip to be issued - funded from cash and debt... given it is an asset purchase, there is probably some working capital to find, but payment split should help.

    EBIT doesn't suggest a big addition to NPAT straight off, but I see plenty of synergy here and potential for rolling out technologies to other geographies, as well as adding scale to support overheads and increase margin.
 
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