The result was much better than expectation in my view
Interim dividend for,
FY15 5.5c
FY14 4.5c
FY13 3.5c
FY16 7c-------- better than expectation in my view
Reported Results,
Revenue up 84% to 1,153.0---- better than expectation in my view
(EBITDA) up 85% to 437.3---- better than expectation in my view
Profit for the period up 91% to 203.8---- better than expectation in my view
Underlying Results
EBITDA for the period is $368.8m, up by $132.6m (56%)---- better than expectation in my view
NPAT 1 grew by $43.1m (36%) in 1H16 to $162.3m---- better than expectation in my view
The directors forecast underlying EBITDA for the Group for the full year FY16 to be in the range of $770m to $775m as reflected in the table below.------ better than expectation in my view
TPM Price at posting:
$10.35 Sentiment: Buy Disclosure: Held