Hard to know what the 30-35% increase in collections translates into PBT or EPS wise and I suspect that includes the increase as a result of NZ & ACL.
Unfortunate that they have not given guidance in terms of PBT or EPS but I think it will be critical to manage expectations given EPS of 22c includes PEP, so any growth is going to come from the normalised EPS of 15.8c
