Endeavour Group Limited (ASX:EDV) Announces 2025 Half-Year Financial Results
Financial Performance
Endeavour Group Limited reported revenue of $6,621 million for the half-year ended 5 January 2025, a decrease of 0.7% from the previous period. Profit attributable to equity holders stood at $298 million, marking a decline of 15.1% compared to $3.51 million in the prior half-year.
Dividends
The Board of Directors declared an interim dividend of 12.5 cents per ordinary share, fully franked at a 30% tax rate, with a payment date set for April 2025. This follows the final dividend of 7.5 cents per share paid in October 2024. The $224 million interim dividend is based on shares issued as of the report date and may adjust if shares are issued before the ex-dividend date. The record date for entitlements is 10 March 2025.
Future Outlook
Endeavour Group believes it will be able to maintain its ability to meet debt obligations with $2,650 million in external financing facilities, of which $1,015 million remains undrawn.
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