ABN 83 098 556 159
Level 5, 1 Adelaide Terrace
East Perth, Western Australia 6004
Australia
PO Box 6832
East Perth, Western Australia 6892
Australia
T: +61 (0) 8 6210 5222 www.lycopodium.com.au
ASX RELEASE LYCOPODIUM LIMITED 2011/12 RESULTS 24 August 2012 Revenue : $232 million, up 37% from 2011 result Profit Before Tax : $32 million, up 28% from 2011 result Profit After Tax : $22 million, up 31% from 2011 result Earnings Per Share : 57 cents per share, up 29% from 2011 Total Dividend : 33 cents per share, up 10% from 2011
The Directors of Lycopodium are pleased to be able to report
record performance for the 2011/12 financial year.
During the financial year ended 30 June 2012, Lycopodium
realised revenues of $232 million, a 37% increase on the $169
million in the previous financial year. Net profit after tax
was $22 million, as compared to $17 million in the previous
financial year, a 30% increase.
In addition to the segment reporting format in the Appendix
4E report, we are also including our prior segment reporting
format.
Basic earnings per share increased from 44 cents for the
previous financial year to 57 cents. The Directors have
resolved to pay a final dividend of 21 cents fully franked
reflecting the increased profit, but also the increased
capital demands associated with current organic growth
initiatives. The total dividend for the year is 33 cents
fully franked as compared to 30 cents in the prior year.
The record result reflects the strong demand for services
across the group and a significant portion of our project
pipeline progressing from detailed design into construction.
Our workload remains spread across a range of commodities,
notably gold, iron ore, nickel and copper and includes both
domestic and international projects.
Our organic growth initiatives have continued to gain
momentum during the year with Lycopodium Minerals Canada and
OMC Canada both progressively growing their teams and
securing new work with Clients. Lycopodium Rail commenced
operation to service the heavy rail sector in the Hunter
Valley.
The company will provide a revenue and profit guidance as
part of the mid-year results, when there is improved
visibility for the overall 2012/13 financial year.
Lycopodium is extremely proud of the achievements of our
personnel over the last year. The Board of Directors
acknowledges that the company's ability to continue to
deliver world class services to our Clients and to maintain
and enhance the company's performance and capability is
dependent on the continued commitment and support of our
personnel.
The final dividend of 21 cents per share fully franked will
be paid to shareholders on 15 October 2012, with a record
date of 8 October 2012.
For further information: Rod Leonard
Managing Director
T: +61 8 6210 5222
lycoJ)Odiun
Lycopodium Ltd
Segment reporting (unaudited) FYE 30 June 2012
EPCM
Design & construct (lump sum) Study services
Project services
Unallocated revenue
Unallocated revenue less unallocated expenses
Profit beforeincome tax expense
lncome tax expense
Profit for the half-year
Segment revenues
Jun-12 Jun-11
156,722,514 102,064,644
2,449,167 1,731,098
29,243,973 34,202,725
40,462,773 29,137,275
228,878,426 167,135,742
3,408,556 2,707,174
232,286,982 169,842,916
Segment results
Jun-12 Jun-11
26,763,930 18,980,687
601,812 751,237
4,871,054 4,422,573
6,665,292 6,357,569
38,902,088 30,512,067
o o
38,902,088 30,512,067
(7,130,311 ) (5,604,177)
31,771,777 24,907,889
(9,416,678) (7,795,136)
22,355,099 17,112,753
Profit for the year is attributable to: Owners of Lycopodium Ltd
Non-controlling interests
22,1 43,034
212,065
17,162,237 (49,48 4)
22,355,099 17,112,753
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Lycopodium Limited
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