Ridley Corporation Limited Announces Audited Consolidated Financial Results for the Fiscal Year Ended June 30, 2017
August 22, 2017 at 07:40 pm EDT
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Ridley Corporation Limited announced audited consolidated financial results for the fiscal year ended June 30, 2017. For the year, the company reported operating result of AUD 34.9 million against AUD 42.1 million for the same period a year ago. Net profit was AUD 25.8 million against AUD 27.6 million for the same period a year ago. EBIT was AUD 45.8 million against AUD 53.7 million for the same period a year ago. EBITDA was AUD 54.4 million against AUD 61.1 million for the same period a year ago. Maintenance capex was AUD 14.2 million against AUD 14.9 million for the same period a year ago. Closing net debt was AUD 51.5 million against AUD 41.0 million for the same period a year ago. Basic earnings per share - continuing were 8.4 cents against 8.8 cents for the same period a year ago. Basic earnings per share were 8.4 cents against 9.0 cents for the same period a year ago. Revenue from continuing operations was AUD 852.923 million against AUD 912.561 million for the same period a year ago. Profit from continuing operations before income tax expense was AUD 34.287 million against AUD 40.315 million for the same period a year ago. Net profit after tax attributable to members of Ridley Corporation Limited was AUD 25.815 million against AUD 27.606 million for the same period a year ago. Net cash inflow from operating activities was AUD 29.655 million against AUD 17.612 million for the same period a year ago. Payments for property, plant and equipment was AUD 33.779 million against AUD 34.170 million for the same period a year ago. Payments for intangibles was AUD 3.593 million against AUD 0.698 million for the same period a year ago.
Ridley Corporation Limited is an Australia-based company that is engaged in the production of animal nutrition solutions. The Company operates through two segments: Packaged Feeds and Ingredients and Bulk Stockfeeds. The Packaged Feeds and Ingredients segment comprises animal nutrition feed and ingredient solutions delivered in packaged form, ranging from one ton down to three kilograms bags. It also includes the Aquafeed Business Unit. The Bulk Stockfeeds segment includes animal nutrition stockfeed solutions delivered in bulk. Its product categories include packaged products, Monogastric Commercial Feeds, Ruminant Commercial Feeds, Aqua Feeds and Rendered Ingredients. It provides nutritional feed to a range of species, including dairy cows, poultry, pigs, beef cattle, horses, sheep, dogs, rodents, and native animals at all stages of life. The Company provides its products under the brand names Barastoc, Cobber, Rumevite, Primo, and Ridley.
RIDLEY CORPORATION LIMITED 
