Advertisement

Topics

Premier Technical Services (PTSG) - Trinity acquisition enhances earnings by c 10%

17:33 EST 23 Jan 2019 | Edison Investment Research

Edison Investment Research - Industrial Support Services - Premier Technical Services: PTSG has announced the acquisition of Trinity Fire and Security Systems along with a brief trading update noting that FY18 ended in line with management expectations. Trinity brings in a scale presence in electrical/ electronic systems, while its expertise complements PTSG’s existing Fire Solutions capabilities and expands the combined service offer. We have increased our earnings estimates by c 10% and, on this basis, the stock is trading on FY19 multiples of 11.3x P/E and 8.7x EV/EBITDA.
ISIN: GB00BV9FPW93

Original Article: Premier Technical Services (PTSG) - Trinity acquisition enhances earnings by c 10%

NEXT ARTICLE

More From BioPortfolio on "Premier Technical Services (PTSG) - Trinity acquisition enhances earnings by c 10%"

Advertisement
Quick Search
Advertisement
Advertisement

 

Relevant Topic

Mergers & Acquisitions
Commercial and market reports on mergers and acquisitions in the biotechnology, pharmaceutical, medical device and life-science industries. Mergers and acquisitions (abbreviated M&A;) is an aspect of corporate strategy, corporate finance and manageme...