DLX 0.83% $7.31 duluxgroup limited

News: DLX DuluxGroup Ltd Posts H1 Net Profit After Tax Of $79.2 Mln

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    May 17 (Reuters) - DuluxGroup Ltd (DLX) :

    • H1 NET PROFIT AFTER TAX $79.2 MILLION VERSUS $72.7 MILLION A YEAR AGO
    • H1 SALES REVENUE $918.1 MILLION VERSUS $881.2 MILLION A YEAR AGO
    • EXPECTS 2018 NET PROFIT AFTER TAX WILL BE HIGHER THAN 2017 EQUIVALENT OF $142.9 MLN
    • BOARD HAS DECLARED AN INTERIM DIVIDEND OF 14.0 CENTS PER SHARE
    • CORPORATE COSTS FOR FY18 YEAR ARE EXPECTED TO BE ABOUT $30 MILLION
    • FY18 NET FINANCE COSTS ARE EXPECTED TO BE ABOUT $18 MILLION, SLIGHTLY LOWER THAN PREVIOUS GUIDANCE
    • CAPITAL EXPENDITURE EXCLUDING MERRIFIELD CAPITAL IS EXPECTED TO BE $20-25M IN FY18
 
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