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Vocus Group Ltd (VOC.AX)

VOC.AX on Australia Stock Exchange

2.41AUD
21 Feb 2018
Change (% chg)

$-0.16 (-6.23%)
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Volume
5,044,715
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Latest Key Developments (Source: Significant Developments)

Vocus Group HY Profit Attributable $37.3‍​ Mln Vs $47.2 Mln
Monday, 19 Feb 2018 04:32pm EST 

Feb 20 (Reuters) - Vocus Group Ltd ::SEES ‍FY18 UNDERLYING EBITDA $365 MILLION TO $380 MILLION​ .HY ‍STATUTORY REVENUE AND OTHER INCOME​ $967.3 MILLION UP 9 PERCENT.HY PROFIT ATTRIBUTABLE $37.3‍​ MILLION VERSUS $47.2 MILLION.SEES FY18 UNDERLYING NPAT $125-$135 MLN‍​.SEES FY18 REVENUE $1.9-$2.0 BILLION.SEES ‍ FY18 CAPEX $180-190M​.  Full Article

Vocus Group Announces New Divisional Operating Structure
Sunday, 14 Jan 2018 04:55pm EST 

Jan 15 (Reuters) - Vocus Group Ltd ::‍ADVISES TODAY OF DECISION TO SEPARATE ENTERPRISE & WHOLESALE SEGMENT OF VOCUS AUSTRALIA BUSINESS INTO TWO OPERATING SEGMENTS.MICHAEL SIMMONS, CURRENT CHIEF EXECUTIVE - ENTERPRISE & WHOLESALE WILL NOW LEAD DEDICATED WHOLESALE & INTERNATIONAL DIVISION.‍SCOTT CARTER, CURRENT CHIEF EXECUTIVE OF CONSUMER WILL MOVE INTO ROLE OF CHIEF EXECUTIVE OF ENTERPRISE & GOVERNMENT​. APPOINTS SANDRA DE CASTRO AS CHIEF EXECUTIVE - CONSUMER​.  Full Article

Vocus Group ‍announces proposed divestment of Vocus New Zealand & Australian data centres​
Monday, 23 Oct 2017 07:04pm EDT 

Oct 24 (Reuters) - Vocus Group Ltd ::Announces proposed divestment of Vocus New Zealand & Australian data centres​.  Full Article

Vocus Group confirms FY18 guidance‍​
Sunday, 22 Oct 2017 05:24pm EDT 

Oct 23 (Reuters) - Vocus Group Ltd ::Confirms FY18 guidance‍​.  Full Article

Vocus Group says Vaughan Bowen appointed as non-executive chairman
Monday, 2 Oct 2017 05:51pm EDT 

Oct 3 (Reuters) - Vocus Group Ltd :Vaughan Bowen has been appointed as its next non-executive chairman.Robert Mansfield (AO) has been appointed as deputy chairman & lead independent director​.Robert mansfield succeeds Craig Farrow as deputy chairman.  Full Article

Vocus Group sees FY18 revenue in range of $1.9 bln - $2 bln
Tuesday, 22 Aug 2017 06:23pm EDT 

Aug 23 (Reuters) - Vocus Group Ltd ::FY statutory revenue and other income $1,820.6 million versus $829.9 million.FY underlying EBITDA $366.4 million versus $215.6 million.Vocus board has made decision not to declare a final dividend for FY17 year.Vocus board also does not anticipate paying an FY18 interim dividend.FY18 group revenue guidance of $1.9-2 billion.FY18 group underlying ebitda guidance of $370-390 million.FY18 group underlying npat guidance of $140-150 million.FY18 group capex (ex asc) guidance of $190-210 million.Sees net debt guidance as of 30 June 2018 of $1.03-1.06 billion.FY18 results will be impacted by headwinds resulting from deferred subscriber acquisition costs (DSAC) benefit in FY17 of about $41.3m, $13.3m in 2HFY17.FY18 net interest expense will be materially higher given positive offset of funds from capital raising in 1HFY17 and higher net debt levels.  Full Article

Vocus Group announces intention to recognise a non cash impairment to goodwill
Wednesday, 16 Aug 2017 07:06pm EDT 

Aug 17 (Reuters) - Vocus Group Ltd -:Confirms FY17 underlying EBITDA and impairment to goodwill.‍Confirms today that its unaudited FY17 underlying EBITDA is $366.4m within company's guidance range of $365-375m​.‍Has undertaken a review of carrying value of its assets and in particular goodwill​."Unaudited FY17 underlying NPAT is $152.3m below company's guidance range of $160-165m".‍Will recognise a non-cash impairment of $1,532m post tax spread across both Australian, $1,333m and New Zealand, $199m cash generating units​.Confirms today that its unaudited fy17 underlying EBITDA is $366.4m within company's guidance range of $365-375m.Company confirms that its unaudited net debt position at 30 June 2017 was in line with forecast at $1.029bn..  Full Article

Vocus Group receives second proposal from Affinity Equity Partners
Monday, 10 Jul 2017 08:13pm EDT 

July 11 (Reuters) - Vocus Group Ltd :Vocus announces receipt of second proposal.On July 10 received a preliminary, indicative and non-binding proposal from Affinity Equity Partners (s) Pte and its affiliates to acquire all of shares in co.Proposal at a price of $3.50 cash per share.On 7th June received a preliminary, indicative and non-binding proposal from Kohlberg Kravis Roberts & Co. L.P. to acquire 100% of shares in Vocus.  Full Article

Vocus announces granting of non-exclusive due diligence to KKR
Tuesday, 4 Jul 2017 06:40pm EDT 

July 5 (Reuters) - Vocus Group Ltd ::Vocus announces granting of non-exclusive due diligence.Received a preliminary, indicative and non-binding proposal from Kohlberg Kravis Roberts & Co. L.P.​.Offer at a price of $3.50 cash per share.Proposal from Kohlberg Kravis Roberts & Co. L.P. to acquire 100% of shares in Vocus .Board determined it is in best interests of shareholders to grant KKR opportunity to conduct due diligence on a non-exclusive basis​.  Full Article

Vocus Group says it received a takeover proposal from Kohlberg Kravis Roberts & Co
Tuesday, 6 Jun 2017 07:04pm EDT 

June 7 (Reuters) - Vocus Group Ltd :Has received a preliminary, indicative and non-binding proposal from Kohlberg Kravis Roberts & Co. L.P to acquire 100% of shares in Vocus.Deal at a price of $3.50 cash per share, via a scheme of arrangement.  Full Article

UPDATE 2-Australia's Vocus cuts guidance amid broadband squeeze, shares tumble

* Shares drop 10 percent to four-month low (Recasts, adds analyst and management quotes)