Revenue UP 28%
NPAT Up 149% ( UP 161% if excluding currency changes)
But more important than this is the cash windfall from the testing ($1.3B in free cashflow overall). Whether the windfall is transitory or not won't matter per se for shareholders.because $1.25m of debt has been extinguished. Which means Sonic now has $1.5m of firepower to continue on the acquisitions front around the world. And we all know Sonic's track record on this front, and the return on equity.
So while dividends have been moved up modestly, the real wealth for shareholders will come as management put the cash to work in businesses with growing margins and pricing power. Well done again to management.
Revenue UP 28%NPAT Up 149% ( UP 161% if excluding currency...
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Last
$25.10 |
Change
-1.510(5.67%) |
Mkt cap ! $11.95B | |||
| Open | High | Low | Value | Volume |
| $24.69 | $25.15 | $23.58 | $117.3M | 4.816M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1040 | $25.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.11 | 1000 | 20 |
View Market Depth
| Last trade - 14.48pm 21/05/2024 (20 minute delay) ? |
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Last
$25.15 |
Change
-1.510 ( 5.55 %) |
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| Open | High | Low | Volume | ||
| $24.60 | $25.16 | $23.60 | 451226 | ||
| Last updated 15.06pm 21/05/2024 ? | |||||
| SHL (ASX) Chart |