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BRIEF-DuluxGroup provides outlook for FY 2016

Published 16/12/2015, 10:50 am
© Reuters. BRIEF-DuluxGroup provides outlook for FY 2016
DLX
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Dec 15 (Reuters) - DuluxGroup Ltd DLX.AX :

* For 2016 existing home segment is expected to continue to provide resilient, profitable growth

* Outlook for new housing is expected to remain relatively buoyant for 2016

* Says expect overall net profit after tax in FY 2016 to be higher than the FY 2015 equivalent of $124.7M

* Says for 2016 corporate costs are expected to increase modestly over 2015 costs

* Says for 2016 input costs are expected to remain relatively flat

* Reiterate that expect earnings for our dulux paints and coatings business in New Zealand will be broadly flat for FY 2016

Source text for Eikon ID:nASX3L5xYN

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