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AusNet Services Reports NPAT Down 12.87% to $253.9m for the Year to 31 March 2019

16 May 2019  |  18:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Results for Announcement to the Market - Full Year 2019

AusNet Services reported NPAT down 12.87% to $253.9m for the year ended 31 March 2019. Revenue from ordinary activities were $1,861.5m, down 2.5% from last year. Basic and Diluted EPS were 7.01 cents compared to 8.08 cents last year. Net operating cash flow was $813.7m compared to $886.4m last year. The final dividend declared was 4.86 cents, taking the full year dividend to 9.72 cents compared with 9.25 cents last year.

AusNet Services Full Year Results to 31 March 2019

Year to 31 March 2019 ($A'000) Year to 31 March 2018 ($A'000)
Revenue 1,861,500 1,925,700
Pre-Tax Profit 371,900 416,600
Net Profit 253,900 291,400
Operating Cash Flow 813,700 886,400
Total Dividends (cents) 9.72 9.25
Basic and Diluted EPS (cents) 7.01 8.08
NTA (cents) 75 83
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