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Inghams Group Announces Full Year Financial Results for FY 2021

20 Aug 2021  |  08:27:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: ING FY2021 Full Year Financial Results Announcement

Inghams Group announced its full year financial results for FY 2021. The Statutory NPAT is of $83.3m, up 107.7% and Underlying NPAT of $86.7m, up 57.4%, with Underlying NPAT pre AASB 16, up 28.4%. It announced total dividends of 16.5 cps (fully franked) for the year, up 17.9% on pcp, reflecting a payout ratio of 71% of Underlying NPAT in line with policy. Group core poultry sales volume growth is of 4.2% on the pcp, showing resilience of poultry demand.

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