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0.00% $1.74 qantm intellectual property limited

News: QIP Qantm Intellectual Property updates on outlook

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    25/05/17
    09:00
    Post #: 24898989

    May 25 (Reuters) - Qantm Intellectual Property Ltd (QIP)

    • "additional $1.8 million of cost savings in processing efficiencies, it synergies and accommodation are expected"
    • Management has successfully implemented ongoing operational cost savings that were not forecast in prospectus
    • Company believes that full year dividend forecast outlined in prospectus of 5.3c per shar remains achievable
    • Expects EBITDA for FY17 in the range of $22 million - $24 million
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