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Link sinks on low-growth outlook

Simon Evans
Simon EvansSenior reporter
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Key Points

  • Full-year revenue ($m) 1160.3, -5.7pc
  • Pre-tax loss ($m) -141.5 v -90.0
  • Net loss ($m) -162.7 v -102.5
  • Final dividend (¢) 5.5 v 3.5
  • Date dividend payable: October 20

Shares in superannuation administrator and share registry company Link Group tumbled by 13 per cent on Thursday but chief executive Vivek Bhatia urged investors to be patient as he rebuilds the business.

He was philosophical about the share price rout as Link predicted a soft outlook, with revenue growth this year expected to be in the “low single digits”.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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    Original URL: https://www.afr.com/companies/financial-services/link-sinks-on-low-growth-outlook-20210825-p58lv3