Original article by Tim Binsted
The Australian Financial Review – Page: 29 : 14-May-15
Australian Agricultural Company (AACo) has posted a statutory profit of $A9.6m for the year ended 31 March 2015, compared with a $A40m loss previously. Revenue rose by 9.5 per cent to $A346.8m, with the proportion of revenue derived from sales of boxed beef rising from 59 per cent to 77 per cent. MD Jason Strong says AACo intends to eventually make its first dividend payment since 2008.
CORPORATES
AUSTRALIAN AGRICULTURAL COMPANY LIMITED – ASX AAC, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX