Brief: Til Logistics Group Sees FY NPAT Around NZ$6.8M To NZ$7.1M

Move Logistics

27/06/2019 02:47

June 27 (Reuters) - TIL Logistics Group Ltd  TLL.NZ :
    * FY19 NPAT EXPECTED TO BE AROUND NZ$6.8M TO NZ$7.1M
    * BOARD CONFIRMS THAT IT EXPECTS TO PAY A FINAL FY19
DIVIDEND IN
LINE WITH FY19 INTERIM DIVIDEND OF 2.5 CENTS PER SHARE
    * REACHED A FINAL AGREEMENT ON CONTINGENT CONSIDERATION
PAYABLE IN
CONNECTION WITH ACQUISITION OF MOVE LOGISTICS BUSINESS
    * ON MOVE LOGISTICS PURCHASE, ADDITIONAL NZ$2.7M TO BE
PROVISIONED
FOR IN FY19 ACCOUNTS DUE TO EARN-OUT ON PURCHASE IN FY18 YEAR

Source text for Eikon:  urn:newsml:reuters.com:*:nNZW23R03C
Further company coverage:  TLL.NZ 

 (Reuters.Briefs@thomsonreuters.com)