AWF Madison Reports Solid Numbers

  • Jun 08, 2020 NZST
  • Team Kalkine
AWF Madison Reports Solid Numbers

For the year ended 31 March 2020, AWF Madison (NZX: AWF) reported profit after tax of $2.7 million, up from $2.0 million a year ago. EBITDA recovered strongly in FY2020, to $12.4 million, from $7.6 million in FY2019; however, it was slightly below the guidance provided in October 2019.

  • The company’s revenue stood at $264 million, down by 1.6%. This decline was driven by AWF segment, where revenue decreased by 16% to $97.4 million;
  • AWF has decided not to pay any final dividend this year due to economic uncertainty.

 


Disclaimer
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK