2014 full year profit outlook
11 December 2014
Key points:
-
Full year historic cost profit after tax (HCOP) outlook $90 million - $110 million, including significant items
-
Full year RCOP1 NPAT outlook $450 million - $470 million, excluding significant items
-
Another record Marketing result, with Marketing EBIT forecast to increase approximately 6% to around $810 million
-
Strong Lytton refinery operational performance and net favourable externalities underpin improved Refining and Supply result
-
Significant items of approximately $110 million (loss after tax), relating to the previously announced company-wide cost and efficiency ("Tabula Rasa") review
-
Net debt forecast to be approximately $650 million, reflecting working capital reductions following the closure of Kurnell and the favourable impact of lower crude oil prices
The full ASX release is attached.
Analyst contact:
Rohan Gallagher
Investor Relations Manager
Phone: 02 9250 5247
Email: rohan.gallagher@caltex.com.au
Media contact:
Sam Collyer
Senior Media & Communications Advisor
Phone: 02 9250 5094
Email: sam.collyer@caltex.com.au
distributed by
| |