Investor contact:
Stuart Boxer, Chief Financial Officer and Executive Director, 03 9263 5667 Karen McRae, Investor Relations Manager, 0417 186 500
Media contact:
Lisa Walters, DuluxGroup Corporate Affairs Manager, 03 9263 3652 or 0421 585 750
Disclaimer: Statements contained in the Review of Operations contained on pages 5 to 20, particularly those regarding possible or assumed future performance, estimated Company earnings, potential growth of the Company, industry growth or other trend projections are or may be forward looking statements. Such statements relate to future events and expectations and therefore involve unknown risks and uncertainties. Actual results may differ materially from those expressed or implied by these forward looking statements.
DuluxGroup Limited is an Australian company that owns the Dulux® trade mark in Australia, New Zealand, Papua New Guinea, Samoa and Fiji only. DuluxGroup Limited is not associated with, and has no connection to, the owners of the Dulux® trade marks in any other countries, nor does it sell Dulux® products in any other countries.
Results for Announcement to the MarketDuluxGroup Limited and its controlled entities results for announcement to the market are set out in the table below:
September 2016 | September 2015 | Change $'000 | Change % |
1,716,259 | 1,687,834 | 28,425 | 1.7% |
130,417 | 112,773 | 17,644 | 15.6% |
130,417 | 124,694 | 5,723 | 4.6% |
Consolidated revenue from operations
Profit for the period attributable to ordinary shareholders of DuluxGroup Limited
Profit for the period attributable to ordinary shareholders of DuluxGroup Limited, before non-recurring items(1)
(1) Represents net profit after tax, excluding non-recurring items outlined on page 16. Directors believe that the result excluding these items provides a better basis for comparison from period to period.
DividendsAmount per
security Cents
Franked amount per security at
30% tax Cents
Final dividend on ordinary shares for the year ended 30 September 2016 (record date 17 November 2016; payment date 9 December
2016) 12.5 12.5
Interim dividend on ordinary shares for the year ended 30 September
2016 11.511.5
Final dividend on ordinary shares for the previous
corresponding period 11.5 11.5
Interim dividend on ordinary shares for the previous
corresponding period 11.0 11.0
The Company's Dividend Reinvestment Plan (DRP) will operate with respect to the final dividend. The last date for receipt of election notices for participation in the final dividend under the DRP is 18 November 2016.
Explanation of ResultsPlease refer to the 'Review of Operations' for an explanation of the results.
Other Information30 September
2016
Cents
30 September
2015
Cents
Net tangible assets backing per ordinary security 34.4 30.6
Audit StatementThis report is based on financial statements which have been audited.
Table of Contents Page Review of Operations 5 Consolidated Income Statement 21 Consolidated Statement of Comprehensive Income 22 Consolidated Balance Sheet 23 Consolidated Statement of Changes in Equity 24 Consolidated Statement of Cash Flows 25 Notes to the Consolidated Financial Statements 26 Independent Auditor's Report 62DuluxGroup Limited published this content on 08 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 November 2016 22:29:09 UTC.
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