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AUSTRALIA'S AEVUM TARGETS 10 TO 15 PCT SHARE GROWTH IN 2007 FY.
SYDNEY, Nov 1 Asia Pulse - Retirement Village and aged care provider Aevum Ltd (ASX:AVE) has forecast earnings per share growth of 10 to 15 per cent in fiscal 2007.
Aevum said it is likely dividends will grow at or above EPS growth, however, this could change depending on the capital requirements of the business.
The Sydney-based company also said it is currently investigating a number of acquisition opportunities comprising both single villages and larger portfolios, despite competition for quality assets remaining tight.
"With 14 villages and over 1,600 retirement units and aged care beds we now have the scale to invest further in the Aevum Living brand and seek to position it for further growth ...
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