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Company News Summary

Ama Group Delivers Further Growth in 2017 Half Year Result

24 Feb 2017  |  10:44:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: AMA delivers further growth in 2017 Half Year Result

AMA Group announced growth in operating profit in the first half of the 2017 financial year. The Revenue increased by 68.8% to $179.2m. The Reported EBITDA increased 91.8% to $18.4m. The Reported Net Profit after Tax attributable to members increased by 135.6% to $8.5m. The Normalised EBITDA increased 64.4% to $20.6m. Upon finalising the annual report, the Directors announced a fully franked interim dividend of 0.5cps with a record date of 15 March 2017 and a payment date of 14 April 2017.

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