Slide 1: FY 2016 Full Year Results
FY 2016 Full Year Results For personal use only Announcement 25th August 2016
Slide 2: Snapshot
Snapshot For personal use only Record sales , profit and dividends in FY 2016 Sales Revenue NPBT* 9.2% to $2,276m 23.2% to $281m Continued to invest in logistics, development of new products and improving customer service NPAT** Dividends Includes profit on sale of 16.1% to $192m 21.1%
Slide 3: Record sales performance
Record sales performance For personal use only $2,276 Sales Revenue 9.2% to $2,276m $2,085 $1,776 $1,564 $1,519 $1,535 Underlying Reece business $1,507 $1,503 $1,437 $1,309 continuing to perform well Building activity at record levels Grew market leading exclusive brands $m FY07 FY08 FY09 FY
Slide 4: Increased NPBT
* Increased NPBT Profit Before Tax* For personal use only 23.2% to $281m *before tax and unrealised gain/loss on foreign exchange contracts $281 Investment in branch network & distribution $228 centres $185 Profit on sale of property in $171 $163 $162 $163 $163 NSW $149 $140 Impairment to go
Slide 5: Increased NPAT
* Increased NPAT For personal use only *after unrealised gain/loss on foreign exchange contracts Profit After Tax* $192 16.1% to $192m $166 Continue to use forward exchange contracts to $119 $119 $123 $114 $114 $113 manage currency risk $103 $97 Unrealised loss on foreign currency contracts of
Slide 6: Record dividend
Record dividend For personal use only $92 Dividends 21.1% to $91.6m $76 $61 $61 $62 $64 Dividend payment up 16 $57 $58 cents from the prior year $52 $51 Final dividend of 65 cents per fully franked share Total dividends paid and to be paid relating to FY 2016 is 92 cents per share $m FY07 FY
Slide 7: FY 2016 Full Year Results
FY 2016 Full Year Results For personal use only Announcement 25th August 2016