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Seven Group Holdings Ltd (SVW.AX)

SVW.AX on Australia Stock Exchange

11.89AUD
26 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Seven Group Holdings announces acquisition of Coates Hire
Tuesday, 19 Sep 2017 06:00pm EDT 

Sept 20 (Reuters) - Seven Group Holdings Ltd :Seven Group Holdings announces acquisition of Coates Hire.Purchase consideration for these securities is $517 million.Acquisition results in a 15 per cent accretion to FY17 underlying EPS​.Acquisition will be funded via existing debt facilities and available cash.Acquisition will increase pro-forma FY17 EBITDA from $328 million to $611 million & pro-forma EBIT from $297 million to $415 million.Announces acquisition of remaining 53.3 per cent of Coates Group Holdings Pty Ltd.  Full Article

Seven Group Holdings sells WesTrac China
Monday, 21 Aug 2017 06:16pm EDT 

Aug 22 (Reuters) - Seven Group Holdings Ltd :Seven Group Holdings Limited sells Westrac China.Deal for total consideration of $540 million subject to completion adjustments and PRC regulatory approval.Lei Shing Hong Machinery would acquire Westrac China.  Full Article

Seven Group says FY17 underlying EBIT will be 5 to 10 pct up on previous year
Monday, 20 Feb 2017 05:12pm EST 

Seven Group Holdings Ltd - : Anticipated momentum into second half supports upgrade to full year guidance that underlying EBIT will be 5 to 10 per cent up on previous year .Energy production guidance has been increased for fy17 to 10.3 to 10.7 mmboe.  Full Article

Seven Group says HY underlying net profit fell 7 pct
Monday, 20 Feb 2017 05:10pm EST 

Seven Group Holdings Ltd : hy underlying net profit $ 103.2 million versus $111.0 million a year ago . Seven group holdings ltd- hy revenue from ordinary activities down 4.82% to $1,302.7 million .Seven group holdings ltd- interim dividend of 20 cents per share.  Full Article

Seven Group sees FY17 underlying EBIT in line with current year
Tuesday, 2 Aug 2016 06:28pm EDT 

Seven Group Holdings Ltd : Final dividend of 20 cents per share fully-franked has been declared . Coates Hire will continue to be impacted by sustained weakness in mining infrastructure markets" . Anticipate that underlying EBIT in FY 2017 will be in line with the current year . EBIT guidance for FY 2017 of 15-20 per cent down year-on-year .  Full Article

Seven Group records 154.6 pct increase in FY net profit
Tuesday, 2 Aug 2016 06:28pm EDT 

Seven Group Holdings Ltd : FY net profit for year attributable to members up 154.6% to A$196.8 million . FY revenue from ordinary activities up 2.1% to A$2.84 billion .  Full Article