All set for big reveal tomorrow, that should give us general handle around construction activity and will also set the tone for STU and other related companies...
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All set for big reveal tomorrow, that should give us general handle around construction activity and will also set the tone for STU and other related companies...
Result. Paying a divvie..Very nice. https://www.nzx.com/announcements/367686
Said $309m to $320m and achieved $323m
That’s pretty good
And full year looking good at $610m to $660m
Full year forecast above market consensus forecasts
Suppose we call that a profit upgrade
Very nice:
Summary:
- Revenue of $3,987 million, up 1% from $3,961 million in HY20
- EBIT before significant items of $323 million, up 47% from $219 million in HY20
- Net Profit After Tax of $121 million, up 48% from $82 million in HY20
- Strong cash flows from operating activities of $428 million; strong balance sheet
- Interim dividend of 12 cents per share declared, to be paid on 24 March 2021
- FY21 EBIT before significant items guidance range $610 million to $660 million
For me the interim dividend is a BIG surprise ... one of this mornings business reports had even said they could not resume just yet. Good on FBU leadership for agreeing the changes to banking covenant