EBOS Group reports strong half year results

EBOS Group Limited is pleased to announce strong financial results for the six months ended 31 December 2015 following a robust performance by the Group’s Healthcare and Animal Care business units.

The highlights include:

  • Total Revenues of NZ$3.4 billion (up 8.3%)
  • Net Profit after Tax of NZ$64.2 million (up 18.9%)
  • An Interim Dividend of 26 cents per share (up 18.2%)

EBOS Group Chief Executive Officer, Patrick Davies said the result reflected the benefits of continued organic growth and nearly $100 million in strategic investments across the Group during the first half.

Mr Davies said the results provided confidence for the Group to continue investing in its key markets to drive future growth and improved returns for shareholders. “Importantly we have been able to fund our strategic investments through either cash flows generated by the business or existing debt facilities thereby maximising our return on investment,” Mr Davies said.

Read full article