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BRIEF-Vision Eye Institute expects FY15 preliminary EBITDA of around $27 million

Published 28/07/2015, 03:57 pm
© Reuters.  BRIEF-Vision Eye Institute expects FY15 preliminary EBITDA of around $27 million
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July 28 (Reuters) - Vision Eye Institute Ltd VEI.AX :

* Says it expects full year preliminary EBITDA of around $27 million for the year ended 30 June 2015

* Says they expect to declare a full year, fully franked final dividend of 2.5 cents per share

* Says shareholders can expect a target future payout ratio of between 30 per cent and 50 per cent of net earnings

* Board reiterates its view that the hostile take-over offer from pulse health limited is uncertain, speculative, and highly conditional

* Says expects EBITDA for 2016 to be approximately $26 million

* Source text for Eikon ID:nASX5YxHjc

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