UMG united malt group limited
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News: UMG United Malt Group Declares Final Dividend Of 3.5 Au Cents Per Share

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    17/11/21
    08:35
    Post #: 57628385

    Nov 17 (Reuters) - United Malt Group Ltd (UMG) :

    • FINAL DIVIDEND OF 3.5 AU CENTS PER SHARE
    • FY REVENUE DOWN 4% TO A$1.2B
    • FY UNDERLYING NET PROFIT AFTER TAX A$34.0 MILLION VERSUS A$57.4 MILLION
    • EXPECT TO SEE A CONTINUED RECOVERY IN ON-PREMISE CONSUMPTION IN NORTH AMERICAN MARKET
    • ANTICIPATE A COST IMPACT OF A$8-12 MILLION IN FY22 FOR ADDITIONAL SUPPLY CHAIN COSTS FROM IMPORTING BARLEY
    • EXPECT VOLUMES TO APPROACH FY19 LEVELS POST 1QFY22
    • IMPROVED PERFORMANCE IN H2 FY21 PROVIDES POSITIVE MOMENTUM INTO FY22
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