Genesis Energy 2020 Full Year Financial Results

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)

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