Search This Blog

Monday, December 10, 2018

Tivity Health sees double digit accretion from Nutrisystem deal in 2020, beyond


In slides being presented on the conference call discussing the acquisition of Nutrisystem (NTRI) by Tivity Health (TVTY), Tivity says it has identified approximately $30M-$35M in annual cost synergies, anticipated to be fully achieved on a run rate basis by 2021. The company sees significant additional upside through revenue and other cost synergies and sees synergies phased in over three years. One-time costs to achieve the synergies are expected to be less than $30M and Tivity sees achieving double digit accretion in 2020 and beyond.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.