Agree. CKF are obviously targeting debt with a healthy reduction reported. The payout ratio is lowish at 39%, but in line with prudent management of debt, and probably more in line with what other companies should be, given the discussion in the media re: need for growth by investment.
Whats pleasing is the % increase in profitability on a lower % increase in revenue. Margins are improving with COB going down.
I don't understand the statement "Dividend policy to pay out 50% of full year NPAT excluding KFC WA/NT". I've never heard of market segmentation like this. Are WA/NT a special franchise case? Or are CKF directing revenues in those markets to expansion specifically?
Ann: HY16 Results Presentation, page-5
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Last
$8.59 |
Change
-0.040(0.46%) |
Mkt cap ! $966.0M | |||
| Open | High | Low | Value | Volume |
| $8.59 | $8.67 | $8.57 | $6.482M | 751.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1145 | $8.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.60 | 1100 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CKF (ASX) Chart |
