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Company News Summary

InvoCare Provides FY 2018 Results Investor Presentation

22 Feb 2019  |  08:57:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY 2018 Results Investor Presentation

InvoCare provided FY 2018 results investor presentation. It reported 2018 Operating EBITDA results are consistent with October 2018 trading update. In February 2018, the Company advised that the P&G investment would impact financial performance in 2018. The sales revenue was $477.3m; operating EBITDA was $119m. The dividend was 37.0 cps representing a payout ratio of 82%. The income tax on operating earnings was of $21.6m at an effective tax rate of 30.4% in line with pcp.

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