FY16 Results Presentation
Highlights
Revenue
↑11.8%
EBITDA-S
NPAT
Leverage
127.6%
129.7%
1.1x
·
Final
Dividend
6.0 cps
Pro forma revenue growth of 11.8% on FY2015
Pro forma EBITDA before SGARA (EBITDA-S) growth of 27.6% to $91.1m
•
Pro forma NPAT of $49.3m (+29.7%) and statutory NPAT of $25.3m (1)
Financial
Performance
•
Leverage reduced to 1.1x of pro forma EBITDA at June 2016(2)
Final dividend of 6.0 cents per share (full year 9.0 cps)
Results include early adoption of changes to the accounting standard for bearer
plants (biological assets). Net impact of $1.2m loss included in pro forma FY2016
NPAT.
(1) Pro forma adjustments mainly relate to IPO expenses. A reconciliation between pro forma and statutory results is included in the Appendix
(2) Calculated as Net debt / Pro forma EBITDA before SGARA
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