Big River Industries Limited (BRI) 2017年年度报告「ASX」.pdf

1、30 June 2017Big River Industries Limited Formerly known as Big River Industries Pty LimitedAnnual ReportThis document is important and should be read in its entirety.Chairman and ManagingDirectors ReportIt is a pleasure to deliver our first Annual Report of Big River Industries Limited as a company

2、listed on the Australian Securities Exchange,following our public offer in April 2017.Big River Industries has a proud heritage as an Australian business,with the associated group of companies founded by the Pidcock family more than 100 years ago in northern New South Wales and developed to become o

3、ne of Australias leading manufacturers and distributors of timber products and associated building materials,with markets across the breadth of mainland Australia.Operating HighlightsFor the year to 30 June 2017,your company slightly exceeded the Net Profit after Tax(NPAT)that was forecast in the Pr

4、ospectus dated 3 April 2017,reporting NPAT of$6.1 million compared with$6.0 million forecast in the Prospectus.These figures are both on a pro forma basis,as explained in the Prospectus,which provides a more meaningful measure of operating performance,unaffected by the one-off costs of the IPO proce

5、ss and distortions due to the timing of acquisitions during the year.Measured on a Statutory Accounting basis,NPAT also exceeded the Prospectus forecast,by 22.5%.This NPAT was achieved from revenue that was slightly(1.6%)below the Prospectus forecast,primarily due to poor weather conditions slowing

6、activity across the East Coast during March and April.In an overall sense for the year,strong revenue growth in NSW offset some weakness in the Western Australian and far North Queensland markets.Your company continued its strategy of developing further its range of manufactured products.The year sa