Investor Relations
News Detail
19th Feb 2008
APN News & Media - Results for Year Ended 31 Dec 2007
APN announces 8% increase in Net Profit to a record A$169.4m
APN News & Media Ltd ['APN'], in which Independent News & Media PLC ['INM'] has a 39.2% shareholding, today announced a record Net Profit After Tax for the 2007 Financial Year of A$169.4 million, an 8% increase on the prior year, before non-recurring items (NRIs) of A$2 million.
Underlying revenue increased 4% to A$1,314.2 million. Before NRIs, Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) was up 6% to A$361.0 million and Earnings Per Share on a diluted basis were up 6% to 34.4 cents.
The Board of APN today declared a final dividend of 21.0 cents per share, payable on 24 April 2008, taking the total dividend to 31.5 cents per share, a 6% increase over 2006.
