June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

BRIEF-Asciano HY statutory npat after minority interests $199.8 million

Published 24/02/2016, 10:01 am
© Reuters.  BRIEF-Asciano HY statutory npat after minority interests $199.8 million
AIO
-

Feb 24 (Reuters) - Asciano Ltd AIO.AX :

* 2016 half year financial results AIO.AX

* HY statutory npat after minority interests $199.8 million versus $189.7

million

* HY statutory revenue and other income $1.86 billion versus $1.95 billion last

year

* Asciano continues to expect to report flat to low single digit EBIT growth in

FY 2016

* Says fully franked interim dividend of 13 cents per share

* Says expects to report a significant increase in the material items cost in

FY 2016

* Expects cash flow to continue to grow at materially faster rate than EBIT,

expects free cash flow after capex to be in excess of $400M in FY 2016

* Final reported material items will include break fee of $88M recently paid to

Brookfield infrastructure limited

* Forecast capital expenditure range for FY 2016 has been reduced from a range

of $390- 440M to approximately $350M

* Cash capital expenditure in FY 2016 is expected to be approximately $390M

reflecting capital expenditure accrued in FY 2015

* Source text for Eikon ID:nASXbKMnP5

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.