ORG origin energy limited

News: Warm weather impacts Origin FY result

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    Origin Energy Limited (ASX:ORG) has reported a rise in its net profit but a fall in its underlying profit over the 2014 financial year. 
     
    The energy producer’s net profit rose 40 per cent to $530 million while its underlying profit dipped 6 per cent to $713 million. 
     
    Looking ahead CEO Grant King has highlighted the start of LNG production by the Australia Pacific LNG mid next year. 
     
    Mr King believes the project will deliver a step change for earnings and cash flow when the project begins to deliver LNG under its existing long-term contracts. 
     
    An unfranked final dividend of 25 cents per share has been declared, taking the full year payout to 50 cents per share.  
 
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Last
$12.73
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0.315(2.54%)
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