Bowcalf final results June 2018
Revenue for the year was 1% lower at R577.3 million (R580.7 million). Profit from operations came in at R95.8 million (profit of R108 million). Profit attributable to owners of R140.3 million (loss of R1.1 million) was recorded. Furthermore, headline earnings per share from continuing operations decreased to 95.36 cents per share (101.88 cents per share).
A final gross cash dividend, as defined by the Income Tax Act, of 21.54 cents per share ("cps") for the year ended 30 June 20 18 (2017: 22.7 cps) has been declared and is payable to shareholders on Monday, 29 October 2018.
The Annual Report will be released on the same day as this announcement. The twenty-eighth annual general meeting of shareholders (AGM) will be held at the company∆s head office, Harris Drive, Ottery, Cape Town at 09:00 on Wednesday, 7 November 2018. The record date for purposes of determining which shareholders are entitled to participate and vote at the AGM is Friday, 2 November 2018. The last day to trade in order to be eligible to vote at the AGM will accordingly be Tuesday, 30 October 2018.