First Impressions on Spark Infastructure (SKI) - Distribution guidance of 12.5cps for FY16
Sparks standalone operating cashflow was up 16.7% to $101.2 m, standalone OCF per security also up 7.3% to 6.9cps. The Regulated Asset Base (RAB) of the Asset Companies grew by 1.6% in the 6 months ended 30 June 2015 taking the total RAB to $9.2 billion (Spark share $4.5 billion). Their Directors have provided distribution guidance for the first time for 2016 of 12.5 cps, representing growth of 4.2% on 2015, subject to business conditions. Read more here: (VIEW LINK)
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