NEC 0.79% $1.28 nine entertainment co. holdings limited

News: NEC Nine Entertainment Co reports FY NPAT of $120 mln

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    Aug 25 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC) :

    • On a pro forma basis, the company reported FY revenue of $1.28 billion
    • FY net profit after tax of $120 million
    • Says 4.0 cent fully franked final dividend
    • In FY 2017, the company expects to pay a dividend at the lower end of the targeted 80-100% payout range
    • Expects the FY 2017 metro fta market to be flat-to-down marginally over the full year
    • In FY 2017, FTA reported costs are expected to be flat on FY 2016
 
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