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Australian Pharmaceutical Industries Provides HY 2021 Results Presentation

22 Apr 2021  |  09:19:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: API HY21 Results Presentation

Australian Pharmaceutical Industries provided HY 2021 results presentation. It reported revenue is resilient in the face of COVID down 2.6% on the pcp. The Underlying EBITDA is down 11.8% and Underlying EBIT is down 26.5% on the pcp reflecting lockdown restrictions and low foot traffic in CBD stores. It declared dividend of 1.5c for H1 2021, representing a payout of 47% of NPAT.

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