Asciano (AIO) FY15 Results - Net profit up 19%, board approves $12b takeover
Divisional EBIT: Pacific National was up 16.6% to $597m, operating EBIT margin up 4.2% points to 26.6%. Terminals and Logistics up 5.1% to $157.9m, EBIT margin up 1% points to 21.1%. Bulk and Automotive Port Services down 7% to $83.2m, EBIT margin up 0.5% point to 11.8%. AIO has entered into a Scheme of Implementation Deed with Brookfield Infrastructure Partners to acquire Asciano at an implied offer value of A$9.15 per Asciano share. Read the full summary here: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
1 topic
Stockbroker
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
Expertise
Stockbroker
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
Expertise
Comments
Comments
Sign In or Join Free to comment