Reuters logo
BRIEF-Catapult Group International reiterates FY17 revenue guidance
May 2, 2017 / 4:52 AM / 5 months ago

BRIEF-Catapult Group International reiterates FY17 revenue guidance

May 2 (Reuters) - Catapult Group International Ltd-

* Reiterates fy17 revenue guidance of between $61.0m and $65.5m

* Is targeting two acquisitions of strategically complementary businesses

* To fund acquisitions co is raising approximately A$14 million via an institutional placement

* 24% pcp growth in elite unit sales to 2,583 versus 2,085 in q3 fy16

* Expected to generate positive group underlying ebitda for fy2017

* Is also extending offer to eligible shareholders via a share purchase plan (spp), to raise up to $3 million

* Institutional placement and spp are priced at $2 per share Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below