DGL 1.08% 46.0¢ dgl group limited

Ann: Acquisition of Australian Petro Chemical Storage, page-287

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  1. 869 Posts.
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    I wonder how many people realise that DGL will be close to reporting record, I repeat, record PBT (Profit Before Tax, which is after D&A and elevated interest expense).

    Previous high for PBT was in 2H FY2023 at $16.233 million.
    2H FY2024 PBT should be ~$15.9 million.

    With the water treatment plant commencing, and the additional 40,000sqm of warehouse space coming online, on top of improvements in other segments, 1H FY2025 PBT is extremely likely to set a new record high. My crude estimate is $19.05 million for the half. This is organic performance, excluding acquisitions. Cash acquisitions may increase PBT further.

    (2H is seasonally stronger, so I can't wait for 2H FY 2025)
    Last edited by 2sigma: 24/07/24
 
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