WPP AUNZ (ASX:WPP) reports $227.6m loss for the year

24Feb

WPP AUNZ (ASX:WPP) reports $227.6m loss for the year

 

Creative transformation company WPP AUNZ (ASX:WPP) today announced its financial results for the year ending 31 December 2019 showing net loss for the year 1,231.2 per cent to $227.6 million.

Total net sales of $819.4 million, down 4.4 per cent with continuing business net sales at $712.5 million, down 2.6 per cent.

They successfully completed the sale of Kantar AUNZ for $158.7 million in December 2019 and Ogilvy NZ last August.

The total ordinary dividends relating to the 2019 year are 5.2 cents per share, in 2018 6.3 cents per share.

Shares in WPP AUNZ (ASX:WPP) trading 8.7 per cent higher at 63 cents.
 
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

17May

Stocks of the Hour: Resolute Mining, Synlait Milk & Volt Resources

14 May 2021 - A snapshot of the companies making headlines for the hour.

Read More
31Aug

Stocks of the Hour: Stealth Global, Silex Systems, 4DMedical

31 Aug 2022 - A snapshot of the stocks on the move featuring Stealth Global (ASX:SGI), Silex Systems (ASX:SLX) and 4DMedical (ASX:4DX).

Read More
30Nov

AnteoTech (ASX:ADO) to receive $1.2M tax refund

27 Nov 2020 - AnteoTech (ASX:ADO) has received a tax refund of almost $1.2 million under the Federal Government’s Research & Development Tax Incentive Scheme.

Read More
02Dec

Sunland Group (ASX:SDG) to sell development land in Queensland

02 Dec 2019 - Sunland Group (ASX:SDG) has entered into a conditional contract to sell the balance development land at Heights, Pimpama on the Gold Coast Queensland to GemLife for $29.7 million.

Read More
24Sep

Washington H. Soul Pattinson and Company (ASX:SOL) report dividend growth

24 Sep 2020 - Diversified investment house, Washington H. Soul Pattinson and Company (ASX:SOL) report a regular net profit after tax of $169.8 million for the year, down 45 per cent on the previous corresponding period.

Read More
11Jun

Kogan.com (ASX:KGN) completes $100 million institutional placement

11 Jun 2020 - Kogan.com (ASX:KGN) is pleased to announce the successful completion of its underwritten $100 million institutional placement at an offer price of $11.45 per new share.

Read More
14Feb

Regional Express’s (ASX:REX) Pel-Air awarded NSW Air Ambulance contract

14 Feb 2020 - Regional Express (ASX:REX) report that New South Wales Ambulance and Pel-Air have entered into a contract to provide Fixed Wing Patient Transport Services to NSW Ambulance.

Read More
27Apr

Magellan April 2023 Infrastructure Strategy Update

27 Apr 2023 - Head of Infrastructure, Gerald Stack looks at how the infrastructure sectors have fared over the past quarter, and addresses concerns about high inflation and provides an update on changes to the portfolio and how it is positioned.

Read More
25Sep

Gentrack Group (ASX:GTK) forecasts a drop in FY21 profitability

25 Sep 2020 - Gentrack Group (ASX:GTK) has announced that it now expects EBITDA for the 2020 financial year to be ahead of the top end of analysts’ forecasts of around $11 million.

Read More
02Dec

Stocks of the Hour: Woolworths, Coles, Premier Investments

02 Dec 2021 - A snapshot of the stocks on the move, featuring Woolworths (ASX:WOW), Coles (ASX:COL), and Premier Investments (ASX:PMV).

Read More