Sydney, Aug 24, 2016 AEST (ABN Newswire) - Blackmores Limited (ASX:BKL) (OTCMKTS:BLMMF) are pleased to provide an Analysts Briefing for the full year financial results, year ending 30 June 2016.

RECORD SALES AND PROFITS

- Group Sales of $717m, +52%

- Group NPAT of $100m, +115%

- EBIT of $145m, +101%

- Basic Earnings per share of 580.6 cents, +114.5%

- Final dividend of 210c, taking total dividends to 410c fully franked

2015 / 2016 HIGHLIGHTS

- Leading Asia Pacific Natural Health Group

- Exceptional Year - Group Sales up 52% at $717m, NPAT up 115%

- Recognised as one of Australia's best employers by AON

- 117 New products launched across the Group

- Significantly invested in infrastructure and new businesses to build future pipeline

- Secured supply in a constrained environment, building reserves of scarce materials

- Acquired Global Therapeutics in May 2016 - Australian market leader in Chinese herbal medicine category

- Entered ASX 100

ASIA GROWTH

- Asian consumers estimated almost 50% of Group sales

- Asia in-country sales at $129m up 54%, delivering almost $15m in EBIT up 79%

- China in-country sales at $48m up 536%. Omni-channel approach in China is delivering and consumer demand continues to grow. EBIT at $12.6m up 979%

- Evolving regulations provide opportunities to expand in the retail market

- Strong sales in established markets - including Thailand, Malaysia, Singapore, Hong Kong, Taiwan up 11%

- Korea had a challenging second half result, negatively impacting EBIT $2.8m

- Investment in upcoming launch in Indonesia and capability in Blackmores International office as we continue to transform our business to better serve Asia

OUTLOOK

- Strong consumer demand across our business and growing market share affirming our leadership in Australia

- The Australian wholesale market is volatile and has softened in recent weeks impacted by retailers destocking and some exporters changing the channels through which they acquire products

- We expect First Quarter to be down compared to the prior corresponding period

- We are confident that sales will improve as the year progresses.

- We continue to develop our business model, building new growth channels, adapting our cost base and accelerating our transition

- Continued optimism for long-term growth.

To view the full Analysts Briefing, please visit:
http://abnnewswire.net/lnk/36R64BX3


About Blackmores Limited

Blackmores Ltd ASX BKLBlackmores Limited (ASX:BKL) (OTCMKTS:BLMMF) is Australia's leading natural health brand. Its quality range of vitamin, minerals, herbal and nutritional supplements, and continued support of the community and environment, are among the many reasons Blackmores is the most trusted name in natural health.

      


Contact

MEDIA CONTACT:
Sally Townsend
Head of Communications
M: +61-419-225-781

INVESTOR CONTACT:
Christine Holgate
Chief Executive Officer
T: +61-2-9910-5186



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