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McPherson's Ltd (MCP.AX)

MCP.AX on Australia Stock Exchange

1.15AUD
15 Dec 2017
Change (% chg)

$0.10 (+10.05%)
Prev Close
$1.04
Open
$1.07
Day's High
$1.17
Day's Low
$1.07
Volume
717,529
Avg. Vol
208,972
52-wk High
$1.59
52-wk Low
$0.88

Latest Key Developments (Source: Significant Developments)

Mcpherson's ‍Announces Sale Of Its Home Appliance Business To Glen Dimplex Australia ​
Thursday, 14 Dec 2017 12:14am EST 

Dec 14 (Reuters) - Mcpherson's Ltd ::SAYS ‍ANNOUNCES DIVESTMENT OF ITS HOME APPLIANCE BUSINESS TO GLEN DIMPLEX AUSTRALIA PTY LIMITED​.‍FUNDS GENERATED FROM DEAL TO BE USED TO BUY BACK OUTSTANDING $25.0 MILLION IN BONDS AT 31 MAR​.‍GROUP NET DEBT IS FORECAST TO BE ABOUT $5M AT 30 JUNE 2018, COMPARED WITH $36.4M AT 30 JUNE 2017​.SAYS ‍NET TRANSACTION CONSIDERATION IS ESTIMATED TO BE APPROXIMATELY $28 MILLION​.ESTIMATED NON-RECURRING LOSS ON DIVESTMENT OF BETWEEN $2 MILLION TO $3 MILLION WILL BE ACCOUNTED FOR IN 1HFY18 RESULTS​.MCPHERSON'S - NOW EXPECTS H1 2018 UNDERLYING PROFIT BEFORE TAX TO BE AT THE "BETTER END" OF A DECLINE OF 10%-15% ​.  Full Article

Mcpherson's ‍updates on profit expectations for HY ending Dec. 31, 2017
Monday, 20 Nov 2017 01:37am EST 

Nov 20 (Reuters) - Mcpherson's Ltd ::‍Expects underlying profit before tax for HY to Dec. 31, 2017 to be 10-15 percent below previous corresponding period​.Expects ‍decline in 1H 2018 revenue in order of 6 percent compared with last year​.  Full Article

McPherson's posts FY revenue of $279.5 mln
Tuesday, 22 Aug 2017 08:34pm EDT 

Aug 23 (Reuters) - Mcpherson's Ltd :FY revenue $279.5 million, down 10.6 percent.Final ordinary dividend of 2 cents per fully paid ordinary share declared by Directors.FY statutory loss after tax for the year $9.1 million versus profit of $11 million.  Full Article

Mcpherson's says 2H underlying profit before tax from cont. ops expected to increase
Wednesday, 8 Feb 2017 06:30pm EST 

Mcpherson's Ltd :Anticipates increase in underlying profit before tax from continuing operations for 2h of fy2017 and for year ended 30 june 2017 compared to fy2016.  Full Article

Mcpherson's Ltd updates on outlook
Sunday, 20 Nov 2016 07:29pm EST 

Mcpherson's Ltd :Underlying performance in first half of financial year 2017 will be lower than prior corresponding period.  Full Article

Mcpherson's Ltd updates on outlook
Sunday, 20 Nov 2016 06:55pm EST 

Mcpherson's Ltd :Underlying performance in first half of financial year 2017 will be lower than prior corresponding period.  Full Article