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DuluxGroup Ltd (DLX.AX)

DLX.AX on Australia Stock Exchange

7.04AUD
22 May 2017
Change (% chg)

$0.12 (+1.73%)
Prev Close
$6.92
Open
$6.99
Day's High
$7.04
Day's Low
$6.95
Volume
1,538,557
Avg. Vol
1,578,802
52-wk High
$7.10
52-wk Low
$5.76

Latest Key Developments (Source: Significant Developments)

DuluxGroup Ltd's HY profit attributable rises 14.2 pct
Tuesday, 16 May 2017 06:39pm EDT 

May 17 (Reuters) - DuluxGroup Ltd :HY consolidated revenue from operations $ 881.2mln versus $851.1 million.HY profit attributable $ 72.706 million versus $63.7 million.Declares interim dividend of 13.0 cents per share.Raw material costs are expected to increase at above inflation rates in second half driven by titanium dioxide.Depreciation in second half is expected to be in line with H2 2016.Full year EBIT margins are expected to be around FY16 levels.Corporate costs for FY17 are expected to be $28-$29 mln.Second half cash flow may be adversely impacted by stock building activity.Expect 2017 net profit after tax will be higher than the 2016 equivalent of $130.4 mln.Expect to maintain a dividend payout ratio on NPAT before non-recurring items of approximately 70 pct on a full year basis.  Full Article

DuluxGroup says purchase of Craig & Rose Paints business in the UK
Wednesday, 10 Aug 2016 06:31pm EDT 

DuluxGroup Ltd : Purchase of Craig & Rose Paints business in the UK . Says with annual sales of less than A$10 million, the acquisition is not material to DuluxGroup overall . Says announced the acquisition of the assets of a small UK-based paints business, craig & rose .  Full Article

DuluxGroup posts HY net profit of $63.7 million
Monday, 16 May 2016 06:29pm EDT 

DuluxGroup Ltd : Half year report 2016 - appendix 4d . HY consolidated revenue from operations of $851.1 million versus $836.9 million . HY net profit of $63.7 million versus $49.5 million . Says interim dividend of 11.5 cents per share, fully franked, an increase of 4.5% . Outlook for input costs is similar to what was seen in the first half . Targeting EBIT growth in New Zealand in the second half to achieve a broadly flat result for the FY 2016 year . Second half margin will be positively impacted by expected EBIT recovery in New Zealand . Expect that 2016 net profit after tax will be higher than the 2015 equivalent of $124.7 million . Expect to maintain about 70% dividend payout ratio on npat before non-recurring items ."China growth rates relatively weak & png market outlook is poor".  Full Article

DuluxGroup Ltd announces ownership interest of AustralianSuper Pty Ltd
Friday, 24 Jul 2015 02:12am EDT 

DuluxGroup Ltd:Says AustralianSuper Pty Ltd holds 20,098,985 ordinary shares representing 5.16 pct of the total voting power.  Full Article

DuluxGroup Ltd announces ownership interest of Paradice Investment Management Pty Ltd
Thursday, 16 Jul 2015 04:17am EDT 

DuluxGroup Ltd:Says Paradice Investment Management Pty Ltd holds 20,046,586 ordinary shares representing 5.150 pct of the total voting power.  Full Article

Paradice Investment Management Pty Ltd ceases to become a substantial holder of DuluxGroup Limited
Sunday, 28 Jun 2015 06:33pm EDT 

DuluxGroup Ltd:Says Paradice Investment Management Pty Ltd ceases to become a substantial holder of the company.  Full Article

DuluxGroup Limited announces issue of shares
Monday, 22 Jun 2015 03:19am EDT 

DuluxGroup Limited:Issues 706,984 fully paid ordinary shares at $5.75 per share.  Full Article

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