Vision Eye Institute (ASX:VEI) has been granted a trading halt for its shares by the ASX as the company looks to finalise a capital raising.
The announcement will be made before the commencement of trading on 17 October 2014.
Recent financial results for FY 2014 included:
- Revenue increased $3.5 million with an increase in day surgery procedures consistent with industry trends
- EBITDA $26.0 million in line with mid point of guidance
- Profit after tax increased 40% to $13.2m reflecting significantly lower interest expense and $1.9m one off insurance proceeds
- EPS of 7.9 cents per share
- Bank debt reduced from $47.5 million to $38.5 million (Net debt at 30 June 2014 $27.0 million)
- FY14 fully franked final dividend of 1.25 cents per ordinary share
- Forums
- ASX - By Stock
- VEI
- News: Vision Eye Institute eyes capital raising
News: Vision Eye Institute eyes capital raising
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VEI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online