Company News Summary | 25 Aug 2021

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APA Group Reports FY 2021 Full Year Results

09:03:00 | Associate analysts

Original annuncemenet:Results Media Release

APA Group announced its financial results for the year ended 30 June 2021 highlighting financial performance and good momentum on its strategic growth priorities. The Revenue is of $2,144.5m, up 0.7%. The Underlying EBITDA is of $1,633.0m, down 1.3% due to increased investment in strategic development opportunities and capability, higher insurance and compliance costs and softer contract renewals in challenging market conditions. Free Cash Flow was down 5.7% to $901.9m, primarily due to a non-recurring benefit in FY 2020.

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