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Company News Summary
Alesco Corporation Reports Net Loss of $13.86m for the Year to 31 May 2012
28 Jul 2012 | 19:31:00 | Associate analysts | Increase | Decrease | 
Original announcement: FY12 Preliminary Final Report
Alesco Corporation reported net loss of $13.86m for the year ended 31 May 2012. Revenue from ordinary activities were $498.92m, down 26.6% from last year. Diluted EPS was 7.28 cents compared to 17.94 cents last year. Net operating cash flow was $41.67m compared to $50.4m last year. The final dividend declared was 5 cents, taking the full year dividend to 18 cents compared with 14 cents last year. Market conditions are expected to remain tough and volatile for the balance of calendar 2012. Despite this, the Company's low gearing levels, disciplined operational approach and Project Restore business improvement program and solid second-half performance in FY12 places Alesco in a good position over the next 12 months to withstand the tough market conditions.
Alesco Corp. Full Year Results to 31 May 2012
| Year to 31 May 2012 ($A'000) | Year to 31 May 2011 ($A'000) | |
| Revenue | 498,916 | 679,865 |
| Pre-Tax Profit | 12,776 | 22,211 |
| Net Profit (Loss) | (13,864) | 14,657 |
| Operating Cash Flow | 41,673 | 50,395 |
| Total Dividends (cents) | 18 | 14 |
| Diluted EPS (cents) | 7.28 | 17.94 |
| NTA (cents) | 75 | 84 |
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