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BRIEF-Tatts Group says HY profit from ordinary activities attributable to members $122.759 mln vs $147.0 mln
February 15, 2017 / 10:54 PM / 7 months ago

BRIEF-Tatts Group says HY profit from ordinary activities attributable to members $122.759 mln vs $147.0 mln

Feb 16 (Reuters) - Tatts Group Ltd

* Hy revenue from ordinary activities $1.42 billion versus $1.53 billion

* Have determined a fully franked interim dividend of 9.5 cents per share

* Hy profit from ordinary activities attributable to members $122.759 million versus $147.0 million

* Proposed merger with Tabcorp Holdings Limited is progressing in line with terms and conditions set out in merger implementation deed

* If Tatts-Tabcorp merger were to complete in second-half of financial year total costs would be approximately $60 million

* Decline in net profit is due mainly to lower run in lotteries jackpots experienced in this half resulting in lower lotteries revenue Source text for Eikon: Further company coverage:

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