$2.01, drum roll pls...:t_up::D
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$2.01, drum roll pls...:t_up::D
I'd be happy for a small rise tomorrow and nothing else!
Mist be good news up over 10% so far today !
https://www.nzx.com/companies/ATM/announcements/277747
I don't think many people will be running to the door with results like that :t_up:
Overview - financial results for the 6 months ended 31 December 2015 (NZ$m)
- Total revenue of $139.1 million, an increase of 86% over the prior corresponding period (pcp)
- Substantial growth in sales of a2 PlatinumŽ infant formula across Australia and New Zealand (ANZ) andChina with total revenue of $73.9 million, up 340% on pcp. This compares with previously advised sales
for the four months to 31 October 2015 of $38.0 million- Net profit after tax of $10.1 million, compared to $0.1 million in pcp
- Group operating EBITDA1 of $18.7 million, representing a 472%2 increase on pcp. This result includes
expensing establishment costs in the USA and UK markets of $8.1 million, record operating performance
in ANZ and significant growth in China- Increased fresh milk performance in Australia with sales up 5% in AUD over the pcp
- Accordingly, the full year forecast has been revised upward with Group revenue in the range of $335
million to $350 million and Group operating EBITDA forecast to be in the range of $45 million to $49million
Very solid performance overall at first glance, still reading the full report.
Great report. Think we will get upto $2.50 again today. Aussie market is going to love this. Even with getting on BAl as they will piggy back this result