BLUECHIIP LIMITED Highlights
- Underlying Profit After Tax for the year of
- Statutory Profit After Tax for the year of
- EPS on Underlying Profit After Tax of
- Gross Revenue decreased 8.9% from prior year to
- Gross Profit Margin decreased 0.4% from prior year to
- EBITDA increased 263.3% from prior year to
- Strong cash flows from operating activities of
Reflecting on the past year, Bendigo Telco Board Chairman,
"Our business was formed by locals 21 years ago to overcome shortcomings in the availability, pricing, adequacy and commitment from the major telecommunication providers to our local market and its businesses. Over the years, we have provided genuine competition, improved technical outcomes for local businesses and genuine pricing or access improvements by leveraging our combined buying base and partnering commitment".
"Our focus today remains to provide improved outcomes for our customers and each of the communities we currently have the privilege to serve. We have successfully achieved our original objectives, while producing solid annual shareholder returns".
"There clearly remains opportunities for us to add value at both the Regional customer level, and in Regional economic market outcomes. We will focus on areas where we can add strategic value and vital technical support across these markets, which, as stated are not prioritised by the major telco players".
"The business will continue to ensure that its vision, purpose and strategy remain relevant and aligned with our key focuses of investing in our team, ensuring a quality customer experience, committing to the success of our communities, streamlining our business operations and building financial strength for all our stakeholders".
100 Gig City
The Group has undertaken a significant investment in uplifting its network between Bendigo and
This unprecedented work is well underway and will result in the City of Bendigo being the first regional centre with a local circular digital economy.
Following the successful implementation, our business will review future partnership opportunities for expansion into other regional centres.
Dividend
The Bendigo Telco Board has decided to declare a final dividend for the year of 9.5c. "This decision is reflective of our need to continue to foster a sustainable business model with a focus on long term prosperity for all our stakeholders,"
About
Founded in 2000,
Contact:
Mr
Company Secretary
(03) 54545000
ken.belfrage@bendigotelco.com.au
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