tabcorp holdings ltd (TAH) Snapshot

Tabcorp Holdings Limited reported revenue results for the first half, third quarter and nine months for the year 2013. For the first half, the company’s total revenues were $1,034.9 million, up 2.1% on the prior corresponding period. For the third quarter, the company’s total revenues were $480.3 million, up 2.6%. For the nine months, the company’s total revenues were $1,515.2 million, up 2.2%.

Tabcorp Holdings Ltd. Presents at Bank of America Merrill Lynch Online Gaming Symposium 2013, Apr-10-2013 09:45 AM. Venue: Merrill Lynch Sydney, Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia. Speakers: David Robert Henry Attenborough, Chief Executive Officer, Managing Director and Executive Director.

Tabcorp Holdings Ltd. reported consolidated earnings results for the half year ended December 31, 2012. For the half year, the company reported profit before income tax expense and net finance costs of $189.4 million, profit from continuing operations before income tax expense of $136.9 million, profit from continuing operations after income tax of $94.5 million or $12.8 diluted per share, net profit after tax of $72.9 million or $9.9 diluted per share on revenue of $1,034.9 million against profit before income tax expense and net finance costs of $177.8 million, profit from continuing operations before income tax expense of $135.2 million, profit from continuing operations after income tax of $94.6 million or $13.4 diluted per share, net profit after tax of $189.3 million or $26.8 diluted per share on revenue of $1,013.8 million for the same period a year ago. Net cash flows from operating activities was $152.4 million, payment for property, plant and equipment and intangibles was $157.6 million against net cash flows from operating activities of $248.1 million, payment for property, plant and equipment and intangibles was $142.6 million for the same period a year ago. The company has announced an interim dividend of 11 cents per share fully franked at the company tax rate of 30% to be paid on 25 March 2013. The dividend record date for the purpose of entitlement to the interim dividend will be 18 February 2013. The ex-dividend date is 12 February 2013. The company revised CapEx guidance for the full year 2013. CapEx guidance for the full year has been revised down from $150 million to between $130 million and $140 million.