News: TAH Tabcorp says total group revenue growth is expected to be in the range of 1.4 pct to 2.3...

June 20 (Reuters) - Tabcorp Holdings Ltd (TAH)

• Tabcorp/Tatts transaction and trading performance
• Australian Competition Tribunal authorises proposed combination of Tabcorp and Tatts
• Tribunal expects to publish reasons for its determination on thursday 22 June 2017.
• Tabcorp holdings ltd continues to expect transaction to deliver at least $130m p.a. Of ebitda from synergies and business improvements
• it is expected that a meeting for Tatts shareholders to consider scheme will be held in august 2017.
• Tabcorp holdings says earnings are expected to be realised in first full year following completion of integration of businesses
• sees fy17 revenue in range of approximately $2,220m to $2,240m
• sees fy17 ebitda before significant items in range of approximately $500m to $510m
• sees fy17 npat before significant items in range of approximately $173m to $180m
• gaming services is forecast to record strong growth in fy17, enhanced by tabcorp's acquisition of intecq
• uk start-up business sun bets is forecast to report a 2h17 ebitda loss of $24m
• Tabcorp holdings says operating expenses for fy17 have increased, and are forecast to remain at approximately 23% of revenue
• board expects to declare a fully franked final dividend of 12.5 cents per share, taking full year fy17 dividend to 25 cents per share.
• fy17 full year result is expected to be impacted by a number of significant items