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BRIEF-Domain Holdings Australia Says Trading In Jan Reflects Encouraging Start To Calendar Year

Published 16/02/2021, 09:48 am
© Reuters.
DHG
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Feb 16 (Reuters) - Domain Holdings Australia Ltd DHG.AX :

* FOR FY21, TOTAL COSTS (ADJUSTED FOR DIVESTMENTS) EXPECTED TO INCREASE IN MID-TO-HIGH SINGLE DIGIT RANGE FROM FY20 BASE OF $177.2 MILLION

* TRADING IN JANUARY 2021 REFLECTS AN ENCOURAGING START TO CALENDAR YEAR

* FY21 H2 TO REFLECT ABSENCE OF CONTRIBUTIONS FROM FEDERAL GOVERNMENT'S JOBKEEPER SCHEME AND DOMAIN'S PROJECT ZIPLINE EMPLOYEE PROGRAM

* ALTHOUGH WE HAVE SEEN A MODEST EARLY RECOVERY, PROPERTY TURNOVER REMAINS WELL BELOW HISTORIC MID CYCLE LEVELS

* DEFERRED CONSIDERATION OF A DIVIDEND UNTIL FULL-YEAR RESULTS.

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