Greencross Limited
(ASX:GXL) CEO Jeffrey David and CFO Martin Nicholas discuss the company’s FY 2015 results.
Greencross’ Chief Executive Officer, Jeffrey David and CFO Martin Nihcolas discuss the FY2015 results describing it as another year of substantial growth.
During the period Greencross increased the size of our network by 35%, delivered another year of strong LFL (like for like ) sales from existing clinics and stores whilst leveraging scale to improve EBITDA margin.
In FY 2015 Greencross not only delivered a 77% increase in underlying NPAT.....setting up the company for a year of strong revenue and earnings growth in FY2016.
FY 2015 Highlights
Revenue up 75% to $644.5 million
Underlying Revenue up 45% to $644.5 million
Group LFL Sales Growth up 20bps to 6.2%
Outlet Numbers up 35% to 332
Underlying Gross Margin (%) up 50bps to 55.3%
Underlying EBITDA up 60% to $86.8 million
EBITDA Margin (%) up 130bps to 13.5%
NPAT up 118% to $19.1m
Underlying NPAT1 (post minorities) up 77% to $38.2 million
Underlying EPS1 up 43% to 34.3 cents
Annual Dividends up 36% to 17.0 cents per share
