VDM Group Reports Net Loss of $105.97m for the Year to 30 June 2009 (VMG.AX, 00983509, 20090831)

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VDM Group Reports Net Loss of $105.97m for the Year to 30 June 2009
Monday August 31, 2009, 4:45 pm

Original Announcement: Preliminary Final Report

VDM Group reported net loss of $105.97m for the year ended 30 June 2009. Revenues from ordinary activities were $442.47m, up 8.6% from last year. Diluted EPS was (86.01) cents compared to 22.47 cents last year. Net operating cash flow was $12.06m compared to $13.66m last year. No dividend was declared, taking the full year dividend to nil compared with 10 cents last year.

Year to 30 June 2009 (A$'000) Year to 30 June 2008 (A$'000)
Revenue 442,471 407,255
Pre-Tax Profit (Loss) (115,421) 37,744
Net Profit (Loss) (105,580) 26,417
Operating Cash Flow 12,060 13,662
Total dividend (cents) 0 10
Diluted EPS (cents) (86.01) 22.47
NTA ($) 25.1 51.4