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Ann: GENERAL: DGL: Half year results announcement

  1. 					DGL
    10/02/2015 10:26
    GENERAL
    PRICE SENSITIVE
    REL: 1026 HRS Delegat Group Limited
    
    GENERAL: DGL: Half year results announcement
    
    DELEGAT GROUP LIMITED - MARKET UPDATE
    
    HALF YEAR RESULTS ANNOUNCEMENT
    The Group's global case sales for the 6 months were 1,129,000 up 4% on last
    year. Operating Net Profit After Tax for the period is forecast to be $20.5
    million up 1% on last year. The Group's Reported Net Profit After Tax in
    accordance with IFRS is forecast to be $9.8 million compared with $17.8
    million in the prior comparable period.  Reported Net Profit After Tax is
    lower than the prior period by $8.0 million primarily due to IFRS fair value
    adjustments to the valuation of the Group's derivative instruments.
    Global case sales for the full year are forecast to be 2,205,000 up 9% on
    last year as detailed in the Annual Report. The Group reiterates its guidance
    that forecast full year Operating Net Profit After Tax remains in line with
    market consensus of $34 million up 9% on last year. No guidance is provided
    for full year Reported Net Profit After Tax as fair value changes on
    derivative instruments cannot be forecast.
    Delegat Group Limited will release its actual unaudited results for the 6
    months ended December 2014 to the market on Friday 27 February 2015.
    
    ENDS
    For further information please contact:
    
    Murray Annabell
    Chief Financial Officer
    Delegat Group Limited
    Telephone 64 9 359 7310
    End CA:00260438 For:DGL    Type:GENERAL    Time:2015-02-10 10:26:50
    
    				

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