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Zeus Capital's note out this morning on Research Tree... "This morning’s AGM statement confirms that trading since the FY15 results announcement (12th April) has remained resilient and is on track to meet FY16 market expectations. FY16 will mark the third year of strong growth reflected in the three year CAGR in revenue of 19.4% and in EPS of 20.0%. This has been driven through five acquisitions since the IPO that have materially increased the scale of the business. With net/debt to EBITDA of 1.4x forecast for FY16, there remains capacity to undertake further acquisitions to drive..."
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