.
In its first year as a standalone entity, DuluxGroup Ltd (ASX:DLX) has posted a profit of $61.3 million for the year ended 30 September.
In July the paint, woodcare and adhesive products provider demerged from explosives and chemical product provider Orica Ltd (ASX:ORI), and Dulux says accordindly, the results do not reflect the complete twelve months of the group's operations.
Pro forma net profit before one-off demerger costs was $71.5 million, which Dulux advises reflects a full year of operations.
Looking ahead DuluxGroup forecasts growth in the new financial year, with net profit after tax in excess of $71.5 million.
A fully franked final dividend of 3 cents per share has been declared by the board.
- Forums
- ASX - By Stock
- DLX
- News: DuluxGroup posts profit, predicts growth
Featured News
Add DLX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online