Sharechat Logo

Genesis Energy 2020 Full Year Financial Results

Thursday 20th August 2020

Text too small?

GENESIS DELIVERS EARNINGS OF $356 MILLION AND A FULL YEAR DIVIDEND OF 17.20cps

* EBITDAF $356 million, down 4% on FY19 of $369 million 

* Net Profit $46 million, down $13 million on FY19 of $59 million 

* Underlying Earnings $53 million, down $11 million on FY19 of $64 million 

* Earnings Per Share 4.47 cents, down 1.36 cps from FY19 of 5.83 cps 

* Underlying Earnings Per Share 5.14 cents, down 1.21 cps fromFY19 of 6.35 cps 

* Final Dividend Per Share 8.675 cents, up 1% on FY19 of 8.6 cents 

* Full Year Dividend Per Share 17.20 cents, up 1% on FY19 of 17.05 cents 

* Free Cash Flow $168 million, down 6% on FY19 of $178 million

Genesis Energy (GNE) today announced that it delivered EBITDAF for the year of $356 million and Net Profit (NPAT) of $46 million, with underlying earnings of $53 million. Genesis declared an increased final dividend of 8.675 cps, and a full year dividend increase to 17.20 cents per share. See links for more detail.

•  Genesis Energy FY20 Full Year Market Statement 

•  Genesis Energy FY20 Full Year Results Presentation 

•  Genesis Energy Annual Report 2020 

Source: Genesis Energy (GNE)



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Stride Property Ltd & Stride Investment Management Ltd (NZX: SPG) Office Acquisition Now Unconditional
Scott Technology Limited (NZX: SCT) Announces Strategic Partnership with Savoye
TIL Logistics Group Limited (NZX: TLL) Pacific Fuel Haul Receives Notice of Industrial Action
Vista Group International Limited (NZX: VGL) Vista Group Acquires 100% of Cinema Intelligence
Fonterra Shareholders' Fund (NZX: FSF) Q1 performance and Milk Price update
IPO Offer: New Zealand Rural Land Co
Infratil Limited 6-year Infrastructure Bonds
Cannasouth Limited (NZX: CBD) United Nations Vote to Reschedule Cannabis
Westpac Banking Corporation (NZX: WBC) Enters into Enforceable Undertaking with APRA
Tower Limited (NZX: TWR) Reaches Agreement for Club Marine Boat Customers

IRG See IRG research reports