A2M 0.00% $6.59 the a2 milk company limited

ATM result is pretty, pretty good:19 August 2020NZX/ASX Market...

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    ATM result is pretty, pretty good:

    19 August 2020
    NZX/ASX Market Release
    Strong financial results and execution continuing
    Results highlights for the full year ended 30 June 2020 (NZ$)1,2,3
    • Total revenue of $1.73 billion, an increase of 32.8%
    • EBITDA4 of $549.7 million, an increase of 32.9%
    • Net profit after tax of $385.8 million, an increase of 34.1%
    • Basic earnings per share (EPS) of 52.39 cents, an increase of 33.5%
    • EBITDA to sales margin of 31.7%
    • Operating cash flow of $427.4 million and a closing cash balance of $854.2 million
    • Marketing investment of $194.3 million5
    targeting opportunities in China and the USA, an increase of
    45.1%
    • Group infant nutrition revenue of $1.42 billion, up 33.8%
    • Strong growth in China label infant nutrition, with sales more than doubling to $337.7 million and
    distribution expanded to ~19.1k stores
    • USA milk revenue growth of 91.2% and distribution expanded to ~20.3k stores
 
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