DLX 0.83% $7.31 duluxgroup limited

News: DLX Duluxgroup ltd says FY consolidated revenue from operation of $ 1.72 billion versus...

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    Nov 8 (Reuters) - Duluxgroup Ltd (DLX) :

    • Duluxgroup ltd - fy consolidated revenue from operation of $ 1.72 billion versus $1.69 billion
    • Fy net profit attributable to ordinary shareholders of $130.4 million versus $112.8 million
    • Effective tax rate for fy17 is expected to be in range of 29% to 30%
    • Duluxgroup ltd- final dividend on ordinary shares for year ended 30 september 2016 of 12.5 cents
    • We are targeting improvement in rolling twc in fy17
    • Duluxgroup ltd- ebit margins are not expected to increase in fy17
    • Expect some minor commissioning costs associated with new paint factory in late fy17
    • Masters stock liquidation sale may have a minor transitional impact on market in first half of fy17
    • Duluxgroup ltd- input costs are expected to increase in line with inflation for fy17
    • Duluxgroup ltd- expect to maintain a dividend payout ratio on npat before non-recurring items of approximately 70% on a full year basis for fy17

 
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