Feb 2 (Reuters) - Tabcorp Holdings Ltd (TAH) :
- HY revenue from ordinary activities $1.16 billion, up 2 pct
- HY net profit for period attributable to members $58.9 million, down 28 pct
- Declares interim dividend 12.5 cents per share
- FY17 dividend target is greater of 90 pct of NPAT before significant items and amortisation of Victorian Wagering and Betting Licence or 24 cents per share
- Tabcorp's proposed combination with Tatts Group is expected to deliver significant value for both sets of shareholders
- Tabcorp's target is to achieve 14 pct return on invested capital in FY17, excluding impact of significant items
- "Dividend reinvestment plan (DRP) will operate in respect of this interim dividend"
- FY17 capex expected to be approximately $200 mln, including $27m in 2H17 related to TGS expansion
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Feb 2 (Reuters) - Tabcorp Holdings Ltd (TAH) : HY revenue from...
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