Connect with us

Business

Spark Infrastructure (ASX:SKI) reveals 5-year distribution plan with FY20 result

Published

on

Energy infrastructure business Spark Infrastructure Group (ASX: SKI) has announced its FY20 result today, it also told investors about its 5-year plan for the distribution.

Spark Infrastructure FY20 result

Spark reported that its look-through earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 2.4% to $862.4 million. Cash distributions from investment businesses declined by 3.7% to $301 million.

It said that its standalone net operating cash flow fell by 24.9% to $192.5 million. However, the underlying standalone net operating cash flow only declined by 10.8% to $252.8 million. The decrease reflected the first full year…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

ASX 200 drops again, Zip sinks, Worley wins on Friday 5 March 2021
Leaving growth? Don’t get caught by value traps when value investing