FY17 full year results highlights
• Revenue of $117m, up 25% on FY16 driven by strong second half performance
• EBITDA of $17.1m, up 41% on FY16 with record EBITDA margins of 14.7%
• Earnings per share of 6.2 cents, up 11%
• Total FY17 dividends of 3.0 cents per share, up 36% on FY16
• Results reflect organic EBITDA growth at 15% for the year underpinned by strong progress
realising revenue and cost synergies from recent acquisitions
• Strong balance sheet with $18.6m cash and 1.1x Net Debt / EBITDA at 30 June 2016 ensures
that Paragon is well positioned for future growth
Nice set of numbers, dividend uplift and well placed for future growth. Steady as she goes.
Cheers,
PGC Price at posting:
90.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)