Brief: Metro Performance Glass Posts FY Statutory NPAT Of NZ$8.5 Mln

Metro Performance Glass

20/05/2021 22:36

May 21 (Reuters) - Metro Performance Glass Ltd  MPG.NZ :
    * FY STATUTORY NET PROFIT AFTER TAX OF NZ$8.5M UP FROM LOSS
OF
NZ$78.9M
    * INTENTION TO RESUME DIVIDEND PAYMENTS ALONGSIDE FY22
INTERIM
RESULTS
    * GROUP REVENUE FOR FY OF NZ$232.3M, DOWN 9%
    * EXPECTING TO BE BELOW COMMUNICATED TARGET OF A NET DEBT TO
EBITDA RATIO4 OF 1.5X IN H1 OF FY22
    * METRO PERFORMANCE GLASS EXPECTS TO PAY FULLY IMPUTED
DIVIDENDS
BETWEEN 50% AND 70% OF NPAT BEFORE SIGNIFICANT ITEMS

Source text for Eikon:  urn:newsml:reuters.com:*:nNZW1gQ1DC
Further company coverage:  MPG.NZ 

 (Reuters.Briefs@thomsonreuters.com)