Annual General Meeting
The Annual General Meeting of the company will be held on Tuesday 24 November 2009 at 12.00 pm at the Ballroom, The Establishment, Level 2, 252 George St, Sydney, NSW.
NPAT up 5.1% to $113.7 million
Brickworks posted a Normalised Net Profit After Tax ('NPAT') for the year ended 31 July 2009 up 5.1% to $113.7 million, compared to $108.2 million for the year ended 31 July 2008. After non-regular items, Brickworks' Headline NPAT was $305.2 million, 200.7% higher than the previous year.Full Year Dividend maintained
Despite the challenging market conditions, Directors have declared a final dividend of 26.5 cents fully franked, taking the full year dividend to 39.0 cents fully franked. The record date for the ordinary dividend will be 25 November 2009, with payment being made on 9 December 2009.Diversification delivers strong shareholder returns
This record result has again proven the effectiveness of the diversification of earnings provided by the Building Products, Land and Development and Investment divisions of Brickworks and the company is well positioned for economic recovery and growth. Brickworks strategy of asset diversification has provided steady earnings despite the extremely difficult economic climate. The company has delivered a Total Shareholder Return that has outperformed the All Ordinaries Accumulation Index by 5.9% per annum over 15 years