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BRIEF-AGL Energy FY statutory profit after tax down 61.8 percent to A$218 million

Published 12/08/2015, 08:44 am
Updated 12/08/2015, 08:46 am
© Reuters.  BRIEF-AGL Energy FY statutory profit after tax down 61.8 percent to A$218 million

Aug 12 (Reuters) - AGL Energy Ltd AGL.AX :

* AGL FY 2015 financial reports AGL.AX

* Is targeting around $1 billion in non-strategic and under-performing asset divestments by the end of FY 2017

* The sale of agl's 50 percent interest in the macarthur wind farm is expected to be completed in the first half of FY 2016.

* Working capital reductions of around $200 million by the end of FY 2017 are also targeted.

* FY statutory profit after tax attributable to shareholders down 61.8 percent to A$ 218 million

* Restructuring costs of approximately $20 million pre-tax are expected to be booked as significant items in FY 2016

* FY revenue up 2.2 percent to A$10.68 billion

* Says final dividend 34.0 cents per share

* Source text for Eikon ID:nASX5pl45B

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