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#H1FY21 Results 23/2/21
stale
Added 3 years ago

Lindsay Delivers H1 FY21 Growth in Revenue, Profit and Dividends Highlights:

  •  Lindsay has delivered strong performance driven by the Company's Transport and Rural Services segments, achieving H1 FY21 growth in underlying1 EBITDA of 12.1% to $26.1 million on record half?yearly revenue of $219 million.
  •  Rail expansion remains Lindsay's primary organic growth strategy in Transport, with the Company planning to expand its fleet by 110 refrigerated containers in FY21 (59%).  
  •  Lindsay continues to invest in operational efficiency and cost controls, achieving positive EBITDA contributions from all divisions alongside reductions in corporate overheads.
  •  Lindsay Board of Directors have declared an interim fully franked dividend of   1.2 cents per ordinary share (H1 FY20: 1.0 cent per share).
  •  Lindsay retains a strong position to drive continued profitable growth both organically and positioning to take advantage of opportunities as they arise.

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