H1 Tatts profit stronger

Company News

Tatts Group Limited (ASX:TTS) says the first half of the 2012 financial year was a pretty good one, with net profit up 11 per cent.

Total revenue rose 4 per cent. Tatts says the outlook for the second half is encouraging.

The company notes that Tatts, without Tatts Pokies will become a more secure gambling business which can safely operate away from the glare of the controversy generated by poker machine operations.

Tatts has declared a fully franked interim dividend of 11 cents per share.

Tatts reported a net profit of $167 million for the half year to December 31.


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