Investment Matters

Company news: Aveo

Aveo held its AGM this week.  The company is tracking along its growth-path well - it reaffirmed its FY-17 EPS (earnings per security) guidance of 18.3 cents, an increase of 7.6% on FY-16.  A distribution of 9 cents per security is planned for FY-16, an increase of 13% on FY-16.

Furthermore, Aveo is also targeting EPS growth of 7.5% from FY-17 to FY-18.