Prime Financial Group Limited (ASX:PFG) Achieves Altor Capital EBITDA Target
Operational Achievements
Prime Financial Group Limited (ASX:PFG) announced that its acquisition of Altor Capital Pty Ltd achieved the maintainable EBITDA target within the first year of ownership, exceeding the initial three-year plan.
Future Outlook
Prime plans to continue pursuing EPS-accretive acquisitions to enhance capabilities and scale, with a Non-Binding Indicative Offer currently secured for a business in the Wealth segment.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Prime Financial Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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