Norfolk Group Ltd. announced that no final dividend has been declared in relation to the year ended 31 March 2013. The company paid final dividend of 2 cents per share for the same period a year ago.

Norfolk Group Ltd. announced unaudited group earnings results for the year ended March 31, 2013. For the year, the company reported revenue from continuing operating activities of AUD 938.502 million compared to AUD 898.287 million a year ago. Loss before income tax was AUD 61.083 million compared to profit before income tax of AUD 27.956 million a year ago. Loss from continuing operations was AUD 40.672 million or 25.46 cents per diluted share compared to profit from continuing operations of AUD 40.135 million or 24.60 cents per diluted share a year ago. Loss attributable to equity holders of the company was AUD 42.347 million or 26.65 cents per diluted share compared to profit attributable to equity holders of the company of AUD 36.857 million or 22.54 cents per diluted share a year ago. Net cash outflow from operating activities was AUD 44.123 million compared to net cash inflow from operating activities of AUD 12.603 million a year ago. Payments for property, plant and equipment were AUD 7.038 million compared to 10.447 million a year ago.

Norfolk Group Ltd. revised earnings guidance for the full year ending March 31, 2013. The company expects the underlying EBIT for the year to March 31, 2013 will be in the range of $20 - $22 million and reported EBIT will be in the range of $6 - $8 million. For the full year 2014, the company expects EBIT in the range of $25 million to $30 million and EBITDA in the range of $33 million to $38 million. The company's board has accepted the resignation of its founding Managing Director and Chief Executive Officer, Mr. Glenn Wallace. Mr. Wallace will be available to facilitate an orderly transition and will continue to advise the Company on the potential corporate transaction process. The Board has appointed Mr. Peter Richards as Managing Director and CEO. Mr. Richards has been a Director of the Company for more than two years and was previously CEO of Dyno Nobel until its takeover in June 2008. Mr. Richards will reduce his other public company directorships to focus on his role as Managing Director and CEO.