Brief: Saunders International Agrees To Acquire Automation IT

Saunders International

09/05/2023 24:34

May 9 (Reuters) - Saunders International Ltd  SND.AX :
    * AGREED TO ACQUIRE AUTOMATION IT
    * ANTICIPATED THAT ACQUISITION WILL BE EARNINGS PER SHARE
ACCRETIVE IN FY2024
    * SEES A SMALL POSITIVE IMPACT TO EPS IN CURRENT FY2023
PERIOD
FROM ACQUISITION
    * AUTOMATION SEES FY2023 REVENUE OF A$10.0 MILLION AND
EARNINGS
BEFORE INTEREST AND TAX OF A$1.0 MILLION
    * TO ACQUIRE AUTOMATION IT FOR AN INITIAL INSTALMENT OF
A$4.40
MILLION

Source text for Eikon:  ID:nASX10rQxk 
Further company coverage:  SND.AX 

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