FND findi limited
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News: FND Findi Ltd Says SBI Contract Generates Significant Revenue And EBITDA Uplift

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    30/10/23
    12:25
    Post #: 70613671

    Oct 30 (Reuters) - Findi Ltd (FND) :

    • SBI CONTRACT GENERATES SIGNIFICANT REVENUE AND EBITDA UPLIFT
    • NEW SBI CONTRACT DELIVERS A$550M-A$620M REVENUE AND EBITDA OF A$250M-A$280M OVER 10 YEARS
    • CONTRACT IS EXPECTED TO BE 100 PER CENT FUNDED FROM CO'S FREE CASH FLOW AND NEW BANK FACILITIES
    • HAS SECURED A 10-YEAR CONTRACT WITH STATE BANK OF INDIA
    • CONTRACT IS EXPECTED TO DELIVER INTERNAL RATE OF RETURN (IRR) OF 35+ PER CENT
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