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Seven Group Holdings Provides Chairman, MD and CEO Addresses to AGM with Trading Update

17 Nov 2021  |  10:39:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: AGM Addresses and Trading Update

Seven Group Holdings provided Chairman's, MD's and CEO's addresses to AGM with trading update. Mining production, infrastructure and construction activity are robust and expected to underpin further growth for its industrial businesses in FY 2022. Earnings will benefit from the consolidation of Boral. Earnings growth translated into strong operating cash flow generation, up 16% to $622m and EBITDA cash conversion strengthened to 84%.

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