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DuluxGroup Provides Half Year Results 2019 - Investor Presentation

15 May 2019  |  08:42:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Half Year Results 2019 - Investor Presentation

DuluxGroup provided half year results 2019 investor presentation. The Operating cash flow and cash conversion adversely impacted by working capital, and restructuring payments associated with the China divestment/exit. Corporate costs were $1m (6.4%) favourable when compared to prior year's adjusted Corporate costs (excluding prior year one-off benefits of $2.9m). EBIT decline driven by revenue and margin pressure partly offset by good fixed cost control.

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