Brief: GUD Holdings Declares Final Dividend Of 22 AU Cents Per Share

Amotiv

14/08/2023 23:47

Aug 15 (Reuters) - GUD Holdings Ltd  GUD.AX :
    * FINAL DIVIDEND OF 22 AU CENTS PER SHARE
    * SEES SIGNS OF IMPROVING OEM SUPPLY INTO Q1 FY24
    * POSITIVE OUTLOOK FOR APG AS SALES AND VEHICLE SUPPLY
IMPROVES
THROUGH FY24
    * EXPECTING FURTHER REVENUE AND EBITA GROWTH IN FY24
    * REMAINS CONFIDENT IN APG'S ABILITY TO DELIVER ITS BUSINESS
CASE
TARGETS WHEN OEM SUPPLY CONSTRAINTS AND MIX NORMALISE
    * FY24 CASH CONVERSION EXPECTED TO REVERT TO 85-90%
    * -  FURTHER STEP UP IN CORPORATE EXPECTED IN FY24

Source text for Eikon:  ID:nASX8GMrr3 
Further company coverage:  GUD.AX 

 ((Reuters.Briefs@thomsonreuters.com;))