Blackmores announces record sales and 19% profit growth for full year

Company News

by Anna Napoli

Blackmores (ASX:BKL) has reported a bumper net profit (NPAT) result of $70 million for the 2018 full year, a 19 per cent lift on last year.

The health supplement company’s revenue lifted almost 9 per cent on the previous year to $601 million.

Its earnings before interest and tax (EBIT) increased over 18 per cent on the prior year, to $102 million.

The company declared dividends of 305 cents per share which is a 13 per cent higher than last year.

Shares in Blackmores (ASX:BKL) closed closed 4.44 per cent to $145.25 yesterday