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AUSTRALIA'S PEET & CO. POSTS FY NET PROFIT OF US$20 MLN.
SYDNEY, Sept 1 Asia Pulse - Newly-listed land management and sales company, Peet & Co Ltd (ASX:PPC), today announced a net profit of $A28.7 million ($US20.16 million) for the year ended June 30 2004 and said it was on track to achieve 2005 forecasts.
The company, which listed on the Australian Stock Exchange on August 2, said strong growth of the owned land projects division coupled with solid returns from management of syndicated land projects in three states underpinned the revenues and profit, which was slightly ahead of prospectus.
A final dividend of 2.5 cents fully franked was declared, bring total dividends for the year to 10 cents.
Peet managing director Warwick Hemsley said that 50 per cent of the EBIT (earnings before interest and tax) was contributed by the syndication management business.
Lot sales from the syndication management business grossed revenue of $A151 million ($US106.07 million).
"The owned projects division contributed $A20.3 million ($US14.26 million) in EBIT due to the continuing maturity of land projects and prospects looked very positive as a number of new owned estates including Greenvale Estate in ...
- AUSTRALIA'S PEET & CO. POSTS FY NET PROFIT OF US$20 MLN.
- News wire article from: Asia Africa Intelligence Wire September 1, 2004 700+ words
(From Asia Pulse) SYDNEY, Sept 1 Asia Pulse - Newly-listed land management and sales company, Peet & Co Ltd (ASX:PPC...and retirement housing. Peet is one of Australia's largest...management across four states. ASIA PULSE
- AUSTRALIAN DEVELOPER PEET RAISES PROFIT GUIDANCE TO US$26 MLN.
- News wire article from: AsiaPulse News June 14, 2006 700+ words
SYDNEY, June 14 Asia Pulse - Property developer Peet & Co Ltd (ASX:PPC) has...and an emerging positive trend in Peet's other major markets of Victoria...closed early and oversubscribed its Peet Byford Syndicate Ltd capital raising...
- PEET ACQUIRES LAND IN NEW SOUTH WALES FOR US$12.6 MLN.
- News wire article from: AsiaPulse News September 13, 2007 700+ words
PERTH, Sept 13 Asia Pulse - Residential land developer Peet Ltd (ASX:PPC) has acquired...million ($US12.61 million). Peet intends to combine the property...conditions around the country," Peet managing director Brendan Gore...
- Peet's Coffee & Tea Introduces 'Peet's and Joy' a Holiday Celebration for...
- Press release article from: PR Newswire November 1, 2006 700+ words
...Nov. 1 /PRNewswire-FirstCall/ -- Peet's Coffee & Tea, Inc. , a specialty...announced the introduction of its 2006 Peet's and Joy holiday program. This celebration of sharing and savoring Peet's with family and friends continues...
- Peet's Coffee & Tea Celebrates 35 Years in Specialty Coffee Industry; Peet's...
- Press release article from: Business Wire April 10, 2001 700+ words
...BUSINESS WIRE)--April 10, 2001 Peet's Coffee & Tea, Inc. (Nasdaq: PEET) this month celebrates 35 years as the premier...coffee. To honor this special anniversary, Peet's has partnered with San Francisco Bay Area...
- Peet's Coffee & Tea Introduces A Cup Is Worth A Thousand Words(TM) With Holiday...
- Press release article from: PR Newswire November 17, 2005 700+ words
...17 /PRNewswire/ -- When the first Peet's store opened in 1966, in Berkeley...way for customers to sample them. Alfred Peet was committed to sourcing only the finest...and shipping them fresh within 24 hours. Peet's keeps these traditions alive by staying...
- Peet's Coffee & Tea, Inc. Announces New Licensing and Supply Agreement with...
- Press release article from: Business Wire September 22, 2003 700+ words
...BUSINESS WIRE)--Sept. 22, 2003 Partnership Marks First Full Service Peet's Store on a University Campus Peet's Coffee & Tea, Inc. (NASDAQ:PEET), the leading super-premium specialty coffee roaster and marketer, and Stanford...
- Peet's Coffee & Tea, Inc. Announces New Distribution to 23 Bashas' Supermarkets...
- Press release article from: Business Wire October 23, 2003 700+ words
...BUSINESS WIRE)--Oct. 23, 2003 Peet's Coffee & Tea, Inc. (Nasdaq:PEET), a specialty coffee roaster and marketer...1932. Beginning this week, a selection of Peet's most popular coffees will be offered in...
- Peet's Coffee & Tea, Inc. Continues to Expand Its Grocery Distribution; Adds an...
- Press release article from: Business Wire May 6, 2003 700+ words
...Calif.--(BUSINESS WIRE)--May 6, 2003 Peet's Coffee & Tea, Inc. (Nasdaq:PEET), a specialty coffee roaster and marketer...retailers, beginning this week. A selection of Peet's most popular coffees will be offered in...
- Peet's Coffee & Tea, Inc. Announces New Grocery Distribution to 239 Stop & Shop...
- Press release article from: PR Newswire February 12, 2007 700+ words
...Feb. 12 /PRNewswire-FirstCall/ -- Peet's Coffee & Tea, Inc. , a specialty...division of Royal Ahold . A selection of Peet's signature whole bean and ground coffees...distinctive, hand-roasted coffees. Rollout of Peet's Coffee in these locations is expected...
Source: HighBeam Research, AUSTRALIA'S PEET & CO. POSTS FY NET PROFIT OF US$20 MLN.