Rural Affairs

Issue No. 8 - December/ 2002/january

ABB Grain 2002 Results Exceed Forecasts

ABB Grain Ltd the Adelaide-based grain marketing company which listed in July, has reported annual revenue of $906.9 million and an after-tax profit of $14.4 million for the financial year ended 30 September 2002.

The result exceeds the prospectus forecast by 17.5% and 2001 revenue by 17.9%, delivering a total 2002 fully franked dividend of 17.1 cents per B-Class share, for a yield of 6.6%.

“We are pleased with our 2002 financial results in what has been a mileston...

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