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Tassal Group Provides 2021 AGM Presentation

28 Oct 2021  |  08:43:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Tassal 2021 AGM Presentation

Tassal Group provided 2021 AGM presentation. It reported the roll out of sanctuary pens has reduced the use of government approved deterrents when peoples' safety is directly threatened. The Operating EBITDA was up 0.6% to $139.4m and Operating EBITDA (pre AASB 16) was down 12.2% to $111.7m. It noted Final dividend of 7 cps declared, taking total FY 2021 dividends to 14 cps, consistent with payout ratio of at least 50% of Operating NPAT.

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