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Speedcast International Provides 2017 AGM presentation to shareholders

28 Apr 2017  |  09:35:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 2017 AGM presentation to shareholders

Speedcast International provided 2017 AGM presentation to shareholders. The Company reported completion of Harris CapRock acquisition on 1 January 2017. It has also completed 3 additional strategic acquisitions in 2016. It has also reported that the Group revenue of US$218.0m, up 30%, EBITDA of US$41.5m, whereas NPATA of 13.5 cps, which is up 9%. The integration activities are progressing well and on track to deliver $15m of cost synergies in 2017 and at least $24m in 2018.

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