Upgrading our valuation on Credit Corp

The debt collector is well positioned for more growth.

Credit Corp has only been covered for a short period of time here at Eureka, but has been a strong performer, delivering an upgrade to guidance for its acquisition rate of aged receivables in FY16. The company has a very strong management team in place and a defined, feasible strategy for growth. Further to this, upgrading guidance has become something of a habit, as we pointed out in our initial feature (click here).

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