Head Office
286 Sussex Street
Sydney NSW 2000 Australia www.saiglobal.com
SAI Global Limited
ABN 67 050 611 642
MEDIA & ASX ANNOUNCEMENT 13 August 2013 SAI REPORTS ASSET IMPAIRMENT CHARGE; NO CHANGE TO OPERATING EARNINGS GUIDANCE; DIVIDEND MAINTAINED.
Sydney, Australia, 13 August 2013. SAI Global Limited (ASX: SAI) today announced a non cash asset impairment charge against its Compliance assets, including goodwill, of $86M before tax ($83.4M after tax).
As a result, the Company is expecting to announce a statutory net loss after tax of approximately $43M
for the 2013 year.
SAI also reconfirmed previous operating earnings guidance for EBITDA of between $100M and $105M for FY13. The final dividend will be 8.2 cents per share, fully franked, at the same level as the previous year.
The Company's ASX Appendix 4E and detailed profit report, based on audited accounts, for the year ended 30 June 2013, will be released to the Australian Securities Exchange on Wednesday morning 14
August 2013.
Tony Scotton - Chief Executive Officer, SAI Global Limited +612 8206 6182, 0419 527 592
Geoff Richardson - Chief Financial Officer, SAI Global Limited +612 8206 6805, 0429 314 698
For further information please visit www.saiglobal.com.
distributed by |