WATCH: CEO Paul Weightman discusses the FY20 Results
On Thursday 27 August, Cromwell announced strong FY20 Results, highlighted by:
- Statutory profit of $181.1 million up 13.3% on prior year (FY19 $159.9 million);
- Operating profit of $221.2 million, up 27.0% on the prior year (FY19 $174.2 million); and
- FY20 distributions up 3.4% to 7.50 cps meeting original guidance despite COVID-19.
Cromwell CEO, Paul Weightman, subsequently provided a summary of the FY20 Results, which can be viewed here.