PPC peet limited
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News: PPC Peet Says FY Operating Profit And Statutory Profit After Tax Down 3.2%

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    29/08/19
    11:15
    Post #: 40215547

    Aug 29 (Reuters) - Peet Ltd (PPC) :

    • FY OPERATING PROFIT AND STATUTORY PROFIT AFTER TAX OF $47.5 MILLION, A DECREASE OF 3.2% ON FY18
    • FY19 DIVIDENDS OF 5.0 CENTS PER SHARE, FULLY FRANKED
    • "WE REMAIN CAUTIOUS ABOUT TIMING OF RECOVERY IN RESIDENTIAL MARKET AND THEREFORE EXPECT A CHALLENGING YEAR AHEAD"
    • LOWER CONTRACTS ON HAND AS AT 30 JUNE 2019 WILL IMPACT SETTLEMENTS IN FY20 & RESULT IN EARNINGS BEING HEAVILY WEIGHTED TOWARDS H2 OF YEAR
    • FY REVENUE OF $262.9 MILLION
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