Briscoe Group Reports Half-Year Results, Revenue Down By 3.5 Per Cent

Briscoe Group Limited (NZX:BGP) released its half-year report from 27 January 2020 to 26 July 2020. The key highlights on PCP are:

  • Revenue from continuing operations was down by 3.5 per cent to NZD 292,407, 000.
  • Net profit/(loss) from continuing operations was down by 1.3 per cent to NZD 27,979, 000.

The Company’s investment in Kathmandu Holdings Limited (NZX:KMD) did not yield a dividend during the period due to response to the COVID-19 situation. However, BGP has decided to pay an interim dividend of 9.00 cents per share, compared to last year’s interim dividend of 8.50 cps.

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