PXA 1.96% $14.50 pexa group limited

Macquarie says Australia's PEXA Group's acquisition of UK-based...

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  1. 189 Posts.
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    Macquarie says Australia's PEXA Group's acquisition of UK-based Smoove further de-risks the UK strategy, but flags lack of execution details

    "Smoove acquisition further de-risks UK roll-out, but business is loss making and questions around the execution strategy remain"

    Macquarie downgrades co's FY24-26 EPS by 6.5%, 7.4%, and 6.1%, respectively
 
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