Earnings release
Page 1
only For personal use 3 February 2021 Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000 PSC INSURANCE GROUP LTD ( PSI ) — HALF YEAR EARNINGS UPDATE AND FULL YEAR GUIDANCE PSC is intending to report its 6 months results to 31st December 2020 on Monday February 22nd 2021 . The Underlying EBITDA result will be approximately $ 28.7m for that period . This represents a more than 50 % increase in Underlying EBITDA over the prior corresponding period . This result reflects strong organic growth both in Australia and the United Kingdom , as well as a benefit from the inclusion of a full 6 month contribution from acquisitions made in the prior corresponding period . This strong underlying performance is expected to continue through the second half and consequently we continue to confirm that our expectations for the full year is an EBITDA at the top end of our range of $ 65- $ 70m . In addition , the company continues to progress a number of acquisition opportunities and , following the recent capital raising , is well placed to fund those transactions from existing resources . Please direct any queries to Tony Robinson , Managing Director , on 0407 355 616 or Joshua Reid , Chief Financial Officer , on ( 03 ) 8593 8303 . Authorised for release by the PSC Insurance Group Ltd Board to the ASX : HI Stephen Abbott Company Secretary PSC Insurance Group Limited ACN 147 812 164 96 Wellington Parade , East Melbourne , Victoria 3002 | W www.pscinsurancegroup.com.au PSC INSURANCE GROUP