15 AUG 2016
Overview of results
The majority of the 2016 financial year (FY16) saw Contact as a newly independent company. We have smoothly managed the transition to a refreshed Board who are supporting the transformation to a customer-inspired business. The improved offering we are providing customers and our steps to ensure the wholesale market remains balanced, position us to continue to deliver strong cash flows. We have continued to return cash to shareholders while at the same time reducing debt. Behind all of this are our people and the improvements we have seen in employee engagement and continued recognition for our work in health and safety are all positive steps”, said Dennis Barnes, Contact Chief Executive.
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