Commenting on the results, Blackmores Limited
(ASX:BKL) CEO and Managing Director, Chrisitine Holgate said, "we are particularly proud that our growth has come from all regions and brands. The higher sales were the culmination of a number of programs we had put in place over recent years including reinvigorating our Australian business, establishing an enterprise in China, investing in our quality and research programs and identifying a strong brand proposition that is supported by a higher level of marketing across the Group.
Twelve months ago we were reporting pleasing momentum which continued to build as the year progressed. The benefits were further bolstered by operational efficiencies and improvements to the Group’s cost base, by leveraging our increased volumes and optimising our Warriewood Campus facility..."
Highlights
• Group Sales of $471.6 million, up 36% on the previous year
• Record net profit after tax of $46.6 million, up 83% on the previous year
• Strong operational cash flows supported net debt down 87% to $7.1 million
• Earnings per share of 270.7cents, up 81.4%
• Final dividend of 135 cents per share, total ordinary dividends for the year were 203 cents per share (fully franked), 60% increase over last year’s dividends
