FY16 AUD Revenue +7%

Not a great 4th quarter, down 10% in USD terms yoy, with international being down 15%, but it does complete the picture as regards AUD full year sales.

This now generates AUD FY16 sales of 205.3 v FY15 sales of 192.5, being a 7% increase. Not a bad result given the TST hangover and overall low growth global scenario.
This should result in EPS in the region of 9c and bode well for a dividend in the 6-8 cent range, which should support the current valuation and also excludes any non Axiron revenue, which is not insignificant.

a 6c divvy on 85c is still a net dividend of 7.1% derived on USD sales. Not to be sniffed at.

[using qty average exchange rates which are only a proxy for the actual company translation policy]