Link Group’s Highlights of AGM; NPAT Up By 123%

  • Nov 15, 2019 AEDT
  • Team Kalkine

The Chairman of Link Administration Holdings Limited (ASX: LNK), Mr Michael Carapiet addressed shareholders stating that LNK undertook and concluded several positive strategic and operational initiatives during the year.

  • The company delivered revenues of $1.4 billion, up 17% on the prior year;
  • Operating EBITDA stood at $356 million, up 6% on the prior year;
  • Statutory NPAT was $320 million, up 123% on the prior year.

The company declared a final dividend of 12.5 cents per share, taking the yearly dividend to 20.5 cents per share.

At AEST 01:25PM, the stock was trading at $6.015 per share, up by 3.88% from its previous close.

 

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