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Incitec Pivot FY19 Results

by Bonnie Corbett | Nov 13, 2019
On 12 November 2019, international explosives and fertiliser manufacturing company, Incitec Pivot Limited (IPL, Company) announced its full year (FY19) results for the period ending 30 September 2019.

On 12 November 2019, Incitec Pivot Limited (IPL) announced its full year results for the period ending 30 September 2019. FY19 revenues came in at AUD3.82bn, up AUD62m or 2% compared to FY18. EBITDA ex-IMIs (excluding individual material items) for the period was AUD605.3m, down from AUD615.0m in the prior corresponding period (pcp).Underlying results continue to be impacted by the drought in Australia as well as rise in commodity prices. IPL reported NPAT of AUD152m, down 27% (or 56% ex-IMIs) on the pcp.

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