Aspen Group Limited (AU:APZ) has released an update.
Aspen Group Limited anticipates strong growth to continue into FY25, with a takeover offer for Eureka Group Holdings set to become unconditional, signaling a strategic expansion. With forecasted increases in underlying EBITDA, EPS, and dividends, and a stable property development sales volume, Aspen’s financial outlook remains positive despite the marginally dilutive impact of the Eureka acquisition on EPS. The company’s financial guidance is based on a series of operational assumptions, including high occupancy rates, rent increases, and a balanced income mix from property operations and development profits.
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