Macquarie Communications Infrastructure Group
MCG UPGRADES 2006 DISTRIBUTION GUIDANCE TO 39 CENTS
Macquarie Communications Infrastructure Group (MCG) today announced an upgrade of
its distribution guidance for the year ended 30 June 2006 to 39 cents per stapled security.
The upgrade represents an increase of 3 cents, or 8.3% from the previous guidance for
2006 and a 34.5% increase on the total distribution for 2005.
MCG Chief Executive Officer, Mr Scott Davies said, “Strong performances from our
enhanced communications infrastructure portfolio are continuing to drive MCG’s ability to
increase returns to our investors. Today’s upgraded distribution guidance of 39 cents per
stapled security for the year ended 30 June 2006 represents a 34.5% increase on the 2005
distribution of 29.0 cents per stapled security.
“The outlook for MCG in 2006 remains positive. Broadcast Australia and Arqiva are both
well positioned, with substantial revenues already locked in through long-term customer
contracts as well as numerous opportunities for growth. MCG’s management team will
continue to work closely with the operational management teams to pursue these valueadd
opportunities.”
MCG’s 2005 AGM presentation has also been released to the Australian Stock Exchange
and is available on the MCG website: www.macquarie.com.au/mcg
- Forums
- ASX - By Stock
- MCG
- distribution increase 34.5% up
MCG
macquarie communications infrastructure group
distribution increase 34.5% up
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)