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clock Created with Sketch. 12/05/20
10:02
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Originally posted by Squinny:
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Revenue down 5% reflecting slowdown in residential construction CSR Group EBIT down 18% reflecting lower Building Products result and timing of Property transactions . Statutory NPAT from continuing operations down 10% to $125m. No final dividend to be paid for YEM20. Total dividends for the year of 14cps (down from 26cps in YEM19) Includes 10 cps interim dividend and 4 cps special dividend (both franked at 50%) reflecting deferred settlements on Property transactions from previous years Debt. Doesn't look great too me and as with a lot of companies not doing well during this crisis no forward guidance so in other words they don't want to let us know to spook investors more. I sold out towards end Feb after having for years at around $4.50 and wont be buying again to under $2.50 - if it doesn't get there so be it. I am happy that I got those nice divvies along the way. Good luck all and I hope I am wrong but have feeling this will go down a bit today.
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Ha and looks like CSR is going to have an up day...so what would I know !
