- Release Date: 10/02/15 10:26
- Summary: GENERAL: DGL: Half year results announcement
- Price Sensitive: No
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DGL 10/02/2015 10:26 GENERAL PRICE SENSITIVE REL: 1026 HRS Delegat Group Limited GENERAL: DGL: Half year results announcement DELEGAT GROUP LIMITED - MARKET UPDATE HALF YEAR RESULTS ANNOUNCEMENT The Group's global case sales for the 6 months were 1,129,000 up 4% on last year. Operating Net Profit After Tax for the period is forecast to be $20.5 million up 1% on last year. The Group's Reported Net Profit After Tax in accordance with IFRS is forecast to be $9.8 million compared with $17.8 million in the prior comparable period. Reported Net Profit After Tax is lower than the prior period by $8.0 million primarily due to IFRS fair value adjustments to the valuation of the Group's derivative instruments. Global case sales for the full year are forecast to be 2,205,000 up 9% on last year as detailed in the Annual Report. The Group reiterates its guidance that forecast full year Operating Net Profit After Tax remains in line with market consensus of $34 million up 9% on last year. No guidance is provided for full year Reported Net Profit After Tax as fair value changes on derivative instruments cannot be forecast. Delegat Group Limited will release its actual unaudited results for the 6 months ended December 2014 to the market on Friday 27 February 2015. ENDS For further information please contact: Murray Annabell Chief Financial Officer Delegat Group Limited Telephone 64 9 359 7310 End CA:00260438 For:DGL Type:GENERAL Time:2015-02-10 10:26:50
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