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#H1FY21 Results 22/2/21
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Added 4 years ago

Key financial highlights include:

  •  Group revenue up 32% on PCP to $50.4m, attributable to a very strong trading performance from the Melbourne Formwork division a significant uplift in NSW Natform performance, strong product sales and a full six-month contribution from the Uni-span acquisition.
  •  Sales contribution of $28.9m, up 24%
  •  Underlying EBITDA of $11.1m, up 41%, and EBITDA margin of 22.0%, up 140bps
  •  Underlying net profit after tax of $3.7m, up 72%
  •  Significant items of $0.6m relating to final Uni-span integration costs, including redundancies.
  •  Net gearing of 23.8%1 , up 380bps on 30 June 20 levels.
  •  Operating cash profit of $5.5m, up 26%.

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