Interesting no guidance as yet from the company. Athough they...

Interesting no guidance as yet from the company. Athough they are projecting out the 4Q2016 Underlying EBITDA figure in some of their graphics, to be about $390m in FY2017.

Based on a 26% FY2016 Underlying EBITDA margin, this may imply revenue in FY2017 of $1.5b. And based on an Underlying NPAT margin continuing of 12%, we may see Underlying NPAT in FY2017 of $180m (a rise of 76%). Underlying EPS may be in the vicinity of 29 cents based on the extra share issue recently.

All guesswork, but gives an idea on the effect of a full 12 months of operating as a merged entity. Note that this excludes upside from the expanded network courtesy of the Nextgen network, further cost synergies which are upwards of $40m and a vastly bigger sales force!