Brief: United Malt Group Declares Final Dividend Of 3.5 Au Cents Per Share

United Malt

16/11/2021 21:31

Nov 17 (Reuters) - United Malt Group Ltd  UMG.AX :
    * FINAL DIVIDEND OF 3.5 AU CENTS PER SHARE
    * FY REVENUE DOWN 4% TO A$1.2B
    * FY UNDERLYING NET PROFIT AFTER TAX A$34.0 MILLION VERSUS
A$57.4
MILLION
    * EXPECT TO SEE A CONTINUED RECOVERY IN ON-PREMISE
CONSUMPTION IN
NORTH AMERICAN MARKET
    * ANTICIPATE A COST IMPACT OF A$8-12 MILLION IN FY22 FOR
ADDITIONAL SUPPLY CHAIN COSTS FROM IMPORTING BARLEY
    * EXPECT VOLUMES TO APPROACH FY19 LEVELS POST 1QFY22
    * IMPROVED PERFORMANCE IN H2 FY21 PROVIDES POSITIVE MOMENTUM
INTO
FY22

Source text for Eikon:  ID:nASXbYd4TW 
Further company coverage:  UMG.AX 

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