Report
Tim Mann
EUR 147.86 For Business Accounts Only

GWA boasts an attractive portfolio of brands in a cyclical and competitive industry.

GWA Group announced fiscal 2016 net profit after tax of AUD 53.7 million, versus a loss of AUD 16.2 million in 2015. Like-for-like NPAT was up 15% to AUD 51.9 million, while EPS increased 29% to AUD 0.19, underpinned by a 5.4% share buyback (NPAT was up 9.5% excluding the buyback). The firm declared a final dividend of AUD 0.08 (100% franked), bringing full-year dividends to AUD 0.15, and also declared a AUD 0.01 special dividend. NPAT was roughly 10% ahead of our estimates and consensus, suppor...
Underlying
GWA Group

GWA Group is engaged in the research, design, manufacture, import and marketing of building fixtures and fittings to residential and commercial premises and the distribution of these various products through a range of distribution channels in Australia, New Zealand and selected international markets. Co.'s business segments are: Bathrooms and Kitchens, which includes vitreous china toilet suites, basins, plastic cisterns, tapware, baths, kitchen sinks, laundry tubs, and bathroom accessories; and Door and Access Systems, which includes door locks and levers and supply and maintenance of commercial door systems.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tim Mann

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch