Brief: Findi Ltd Says SBI Contract Generates Significant Revenue And EBITDA Uplift

Findi

30/10/2023 01:21

Oct 30 (Reuters) - Findi Ltd  FND.AX :
    * 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

Source text for Eikon:  ID:nASXfjXm6 
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