Company News Summary | 20 Aug 2021

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Inghams Group Provides 2021 Annual Results Presentation

08:30:00 | Associate analysts

Original annuncemenet:ING FY2021 Full Year Results Presentation

Inghams Group provided FY 2021 annual results presentation. It reported Statutory EBITDA of $443.9m, up 14.5% and Statutory NPAT of $83.3m; Underlying EBITDA of $448.7m, up 9.6% and Underlying NPAT of $86.7m. The Underlying EBITDA pre AASB 16 is $209.6m, up 16.6% and Underlying NPAT pre AASB 16 is $101.2m. The Total dividends were 16.5 cps, up 17.9%. It reported core poultry volume +4.2% despite reduction in external feed volumes, challenging market conditions including intermittent lockdowns, closed international borders and export market disruptions.

This report appeared on 2021 Morningstar Australasia Pty Limited

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