2006 yearly results and guidance out
"For the Fy07 year, we anticipate headline NPAT of $787 million and EPS of approximately $0.66 per share. Retail EBIT growth is expected to be in excess of 8% from continuing businesses. After adjusting for one off implementation costs and annualising full year benefits, annualised NPAT is expected to be approximately $970 million or approximately $0.80 per share.
For the Fy08 year, NPAT is expected to be approximately $1.06 billion and EPS is expected to be approximately $0.90 per share. After adjusting for one off implementation costs and annualising full year benefits, annualised NPAT is expected to be approximately $1.25 billion or approximately $1.00 per share."
"ƒnUnderlying profit after tax up 13.9% to $787m ƒnHeadline profit after tax up 82.4% to $1.164b ƒnFood and Liquor earnings up 8.5%2 ƒnInvestment in transformation continues ƒnGrowth in non-food brands (continuing businesses) up 11.7%3 ƒnTarget 16.2%; Officeworks 14.4% ƒnUnderlying Group ROI up to 29.1% ƒnDividend up by 26.3% to 42 cents ƒnFy07 underlying NPAT guidance - $787m* ƒnFy08 underlying NPAT guidance - $1.066b* "
Ajax
CML Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
