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EXCELSIOR CAPITAL LTD — Earnings Release 2021
Feb 25, 2021
64816_rns_2021-02-25_d128efb3-90b9-4f0b-a39b-40ae2c3eaaf9.pdf
Earnings Release
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Excelsior Capital Limited ABN 98 050 542 553
Level 29, Chifley Tower, 2 Chifley Square Sydney, NSW, 2000
Telephone: (02) 9216 9043 Email: [email protected] www.cmilimited.com.au
26 February 2021
ASX ANNOUNCEMENT Excelsior Capital Limited (ASX: ECL)
Excelsior Capital Limited (ASX:ECL) today is pleased to announce the financial results for the half-year ended 31 December 2020 and attaches an Appendix 4D and Financial Statements.
Net profit before tax (NPBT) of $3 million, ($2.4 million, HY20) for the six-months ended 31 December 2020 (HY21), is up 21% to the previous corresponding half-year (HY20).
| HY21 Results Summary Revenue ($m) EBITDA ($m) Investment income ($m) Statutory net profit after tax ($m) Earnings per share (cents) Return on equity (%) Operating Cost to income ratio (%) Interim dividend per share (cents) |
HY21 HY20 Change |
|---|---|
| 33.7m 30.0m up 13% 4m 3.5m up 14% 0.1m (0.3)m up 133% 2.1m 1.9m up 10% |
|
| 7.2c 6.7c up 8% 4.1% 3.9% up 0.2pp 18% 21% down 3pp |
|
| 2.0 2.0 Flat |
Revenue was $33.7 million for the half-year which resulted in a statutory net profit of $2.1 million which was up 10% over the corresponding prior period. EBITDA was $4 million for HY21, (HY20, $3.5 million), which was a positive result overall.
The Board has declared an interim fully franked dividend of 2 cents per share with a Record Date of 8 March, 2021 and is payable on 25 March, 2021.
The Board has granted leave to the Chairman and resolved to move to a rotating Chairmanship.
This announcement has been authorised for release to ASX by the Board.
-ENDS
For further information, please contact:
Leanne Catelan Jakov Males Executive Director Executive Director +61 (02) 9216 9043 +61 (02) 9216 9043 [email protected] [email protected]
About Excelsior (ASX: ECL): Excelsior is a Listed Investment Entity, originally established in 1991, and listed on the ASX in 1993. Excelsior Capital Limited’s operations comprise the design and distribution of electrical components and cables for resource and infrastructure applications through its Electrical Division and an investment portfolio.
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