Australian Stock Exchange Company Announcements Platform 27 August 2009 UXC Limited ABN 65 067 682 928 MARKET ANNOUNCEMENT Results for Release to the Market UXC Limited submits its Preliminary Final Report to the market, reporting record revenue for the year of $715 million and record EBITDAC for the second half of $31.5 million. Highlights include: From Operations* Revenue ($000s) EBITDAC ($000s) PBT ($000s) NPAT ($000s) EPS (cents per share) DPS (cents per share) comprising: Fully franked final dividend Notional value of interim Bonus Options distribution (Based on the UXC closing share price 26 August 2009) * Before: Impairment of investments in listed corporations, redundancy, restructure and other costs, net of tax Impairment of capitalized development costs, net of tax $715,087 $50,374 $24,846 $18,850 8.88 7.65 3.50 4.15 Attributable to Members $715,087 $44,312 $17,877 $13,877 6.54 7.65 3.50 4.15 First Half $4,560 Second Half $413 UXC Limited Executive Chairman Geoff Lord commented on the result, saying “I am pleased to report that our determined management of the four point strategic program we implemented as a direct response to the challenges faced within the economic environment has been successful in returning UXC to growth in the second half. Our EBITDAC for the second half, which we use as a measure of the underlying earnings contribution of our Business Units, was a record for any half at $31.5 million.
Our net profit after tax for the second half of nearly $13 million is an eleven-fold improvement on the first half, and is ahead of the previous corresponding period. Margins improved in each of our Groups during the second half on revenues of $384 million, bringing total revenue for the year to $715 million.” “Gross debt reduced by $25.6 million since December 2008 and by $17.9 million from 30 June 2008, leaving UXC’s net debt at $57.7m at the end of the financial year. This was funded primarily by our second half operating cash flow, which was solid at $23.7 million.
A contribution to debt reduction was also made through the proceeds of our share purchase plan, which was well supported and raised some $6.5 million in the second half. Our interest cover remains sound at nearly six times.” Mr Lord added. Mr Lord continued “The Directors have declared a final dividend of 3.5 cents per share, fully franked, to be paid on 20 November 2009 to shareholders of record on 6 November 2009.
Heute wird gegrillt! :-)
