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Wellard is an important link in meeting rising global demand for protein through the supply of quality livestock to consumers throughout the world. The purpose-built, technologically advanced livestock vessels that we charter to exporters and importers throughout the world, combined with a specialist livestock crew, ensure optimal welfare outcomes for the livestock on-board and a quality product our customers.

Wellard releases audited FY2016 financial results

September 30, 2016

ASX Announcement

Wellard Ltd (Wellard) (ASX:WLD) has released its audited financial results for the year ended 30 June 2016 (FY2016).

The audited accounts confirm a pro forma* Net Profit After Tax of $14.8 million and Gross Profit of $88.9 million, the same financial results contained in the Company’s preliminary final report which was released on 31 August 2016.

*Pro forma FY2016 excludes all one-off IPO related costs, normalisation of interest expenses to reflect post IPO capital structure, and tax expense increase to reflect the appropriate company tax rate after removal of one-off IPO related costs.

Please click here to view the full report.

For further information:

Investors
Managing Director, Mauro Balzarini
Phone: + 61 8 9432 2800

Media
FTI Consulting, Cameron Morse
Phone: + 61 8 9485 8888
Mobile: +61 (0) 433 886 871

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