FY16 Results Presentation
Outlook
Outlook
costa
fresh is our passion
FY2017 will see continued execution of the announced domestic and international growth
initiatives. A pipeline of new initiatives is in progress
The company is projecting NPAT (pre-SGARA) growth at approximately 10% for FY2017(¹).
Trading for the initial six weeks was ahead of budget with all portfolio units contributing
well.
Due to seasonality and increased weighting of international operations, performance will
be more heavily weighted towards the second half.
The strong balance sheet supports continued organic growth and a disciplined M&A
program.
FY2017 dividends will be balanced against the company's need to fund growth objectives,
but indicatively will be in the range of 50-70% of NPAT (pre-SGARA).
(1) FY16 Pro forma, but including China
23View entire presentation