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Evolution Mining Announces FY 2020 Half Year Financial Results And Interim Dividend

12 Feb 2020  |  08:52:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Half Year Financial Results and Interim Dividend

Evolution Mining reported a record half-year statutory net profit after tax of A$147.2m and record underlying net profit after tax of A$149.1m for the six months ended 31 December 2019 (the half-year). Group cash generation was also at a record high of A$242.4m. The fully franked interim dividend has been doubled to 7.0 cps. The record group cash flow was generated on the back of sustained strong mine cash flow generation with operating cash flow of A$511.8m and net mine cash flow, post sustaining and major capital, of A$351.8m.

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