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Aveo Reports NPAT Up 82.26% to $121.2m for Half-Year to 31 December 2016

22 Mar 2017  |  20:14:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Appendix 4D and Half Year Financial Report

Aveo reported NPAT up 82.26% to $121.2m for the half-year ended 31 December 2016. Revenue from ordinary activities were $196.3m, down by 30.9% from last year. Basic and Diluted EPS were 21.4 cents compared to 12.9 cents last year. Net operating cash flow was $150m compared to $248.4m last year. No dividend was declared.

Aveo Half Year Results to 31 December 2016

6 Months to 31 December 2016 ($A'000) 6 Months to 31 December 2015 ($A'000)
Revenue 196,300 284,000
Pre-Tax Profit 143,500 89,300
Net Profit 121,200 66,500
Operating Cash Flow 150,000 248,400
Interim Dividends (cents) nil nil
Basic and Diluted EPS (cents) 21.4 12.9
NTA (cents) 323 298
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