Tabcorp – In 2020

We look at what the financials are likely to be in 2020; post the Tatts Group integration and cost savings.

FY20 revenue $5.5 billion, EBIT $880m, (FY17 was $325m) with underlying earnings growth of 6 – 8% per year and a forward dividend yield into 2020 of 5.5%.

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Investors will be well served by tracking TAH for an upcoming entry point as the stock price re-bases near current levels.


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