Company Name: DuluxGroup Limited Stock Code: DLX Website: www.duluxgroup.com.au Market Cap ($M): 1,011 Equiv. Shares (M): 367
ASX Announcement 14 January 2011 UPDATE: QUEENSLAND FLOODS ? DULUXGROUP?S ROCKLEA SITE
Will have some extra expenses from floods DLX is like "duck" calm on top and paddling frantically below the water..i would say..
Transitioned from ORI fairly well share price is steady.
Just some info while i am here:
A successful year Successful demerger from Orica in July 2010 Financial result that builds on our track record of consistent performance Top line outperformance in relatively modest markets Pro forma EBIT growth of 5.9% Statutory NPAT of $61.3M Pro forma NPAT of $71.5M (before one-off demerger costs) reflecting a full year of operations Final dividend of 3 cents per share (fully franked) Strict financial disciplines maintained Strong cash flow metrics (cash conversion, working capital) Cash fixed cost control leading to productivity improvement Investment for the future Continued our track record of year on year increases in marketing expenditure Continued investment in capability building in China Ongoing renewal of operating assets
DLX Price at posting:
$2.75 Sentiment: Buy Disclosure: Held
