Peet Limited announced today that it expects its operating profit after tax for the year ending 30 June 2022 to be in the range of $48 million to $52 million, subject to the timing of settlements and completion of the FY22 audit.
Peet’s expected FY22 earnings reflect a strong operating performance and delivery against its ongoing strategic objectives which have been formulated over the past five years, on the back of continuing favourable market conditions across the country, especially on the east coast.
The Group’s current contracts on hand total a value of $985 million, providing positive momentum moving towards FY23.
