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Qantas Airways (QAN) - $505m capital return announced & FY15 transformation benefits ahead of guidance

Bell Potter

Stockbroker

Qantas announced a capital return of $505 million, equivalent to 23 cps will be paid to shareholders in early November 2015. Transformation benefits ahead of guidance ( to date, $1.1 billion of transformation benefits have been realised): $182m- revenue benefits, $136m- lower fuel prices, $576m- non-fuel expenditure benefits. Read the full summary here: (VIEW LINK)

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Bell Potter
Bell Potter View Profile
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.

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