Revenue ($m) 692.5, down 32.8pc from year-earlier 1030.9
Pre-tax profit ($m) -63.0 compared with -68.4
Net profit ($m) -48.0 compared with -57
No interim dividend
Event Hospitality & Entertainment chief executive Jane Hastings says the company, Australia’s biggest owner and operator of hotels and cinemas, has “materially mitigated” the impact of COVID-19 following a turnaround in its performance in the second half of the past financial year.
The 111-year-old company, backed by Financial Review Rich Lister Alan Rydge, delivered full-year earnings before tax of $27.2 million, after disclosing a pre-tax interim EBITDA loss of $31 million in February.
