Arvida Group Limited — Earnings Release 2020

Nov 18, 2019

Arvida Group Limited Results announcement

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Results for announcement to the market	Results for announcement to the market	Results for announcement to the market	Results for announcement to the market
Name of issuer	Arvida Group Limited
Reporting Period	6 months to 30 September 2019
Previous Reporting Period	6 months to 30 September 2018
Currency	NZD
	Amount (000s)	Percentage change
Revenue from continuingoperations	$79,553	+5.1%
Total Revenue	$79,553	+5.1%
Net profit/(loss) fromcontinuing operations	$45,016	+47.4%
Total net profit/(loss)	$45,016	+47.4%
Underlying profit^	$23,357	+30.8%
Interim Dividend
Amount per Quoted EquitySecurity	$0.0145 per Ordinary Share
Imputed amount per QuotedEquity Security	$0.0010 per Ordinary Share
Record Date	3 December 2019
Dividend Payment Date	11 December 2019
	Current period		Prior comparable period
Net tangible assets perQuoted Equity Security	$1.25		$1.15
A brief explanation of any ofthe figures above necessaryto enable the figures to beunderstood	The financial information for this announcement has beenextracted from the unaudited financial statements of ArvidaGroup Limited for the period which have been released to NZXin conjunction with this announcement.Refer to the media announcement and investor presentationmaterials for further details.^ Underlying profit is a non-GAAP measure and differs from NZIFRS profit for the period. Underlying profit does not have astandardised meaning prescribed by GAAP and therefore maynot be comparable to similar financial information presented byother entities.The measure is used to determine the dividend pay-out toshareholders.A reconciliation to Net Profit After Tax is included within theinformation accompanying the profit announcement.

Authority for this announcement	Authority for this announcement
Name of person authorisedto make this announcement	Jeremy Nicoll
Contact person for thisannouncement	Jeremy Nicoll
Contact phone number	021 403 665
Contact email address	jeremy.nicoll@arvida.co.nz
Date of release through MAP	19/11/2019

Unaudited financial statements accompany this announcement.