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ERM Power Reports NPAT Down 45.69% to $35.81m for the Year to 30 June 2016

26 Sep 2016  |  22:36:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY2016 Results for Announcement to the Market

ERM Power reported NPAT down 45.69% to $35.81m for the year ended 30 June 2016. Revenue from ordinary activities were $2,763.35m, up 19.3% from last year. Basic and Diluted EPS were 14.63 cents compared to 27.35 cents last year. Net operating cash flow was $119.91m compared to $144.25m last year. The final dividend declared was 6 cents, taking the full year dividend to 12 cents compared with 12 cents last year.

ERM Power Full Year Results to 30 June 2016

Year to 30 June 2016 ($A'000) Year to 30 June 2015 ($A'000)
Revenue 2,763,345 2,316,362
Pre-Tax Profit 58,208 94,583
Net Profit 35,809 65,937
Operating Cash Flow 119,914 144,246
Total Dividends (cents) 12 12
Basic and Diluted EPS (cents) 14.63 27.35
NTA (cents) 160 114
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