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Eclipx Group forecasts YOY rise in FY'18 net profit

Australia's Eclipx Group Ltd. forecasts a 27% to 30% year-over-year increase in net profit after tax and tax adjusted add back of amortization of intangibles, or NPATA, for the fiscal year ending Sept. 30, 2018.

The company expects EPS for full year to rise 10% to 12%.

For the fiscal year ended Sept. 30, 2017, the company posted NPATA of A$68.3 million, up 23% year over year from A$55.3 million. Cash EPS for the period rose to 25.1 cents from 22.2 cents.