Posted by Kevin Scully
Armstrong's FY2012 results were inline with expectations. The company also has a presentation pack for its FY2012 results briefing which gives more details about its business performance.
Key highlights in the results are:
a) revenue for FY2012 rose 0.9% to $216.2mn
b) net profit after tax rose 47.1% to $12.5mn
c) EPS was 2.3 cents versus 1.4 cents
d) NAV per share was 20.3 cents up from 19.7 cents
e) company has declared a final dividend of 0.6 cents same as 2011
f) balance sheet still strong with Armstrong having gross cash of $31mn and net cash of about $10-11mn - similar to FY2011
In its forward looking ...
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