Libstar Holdings (LBR) Results Snapshot FY21

Diluted HEPS 50.6cps up +8.1% y-y. Turnover growth +7.1% y-y. GPM decreased by 140bps to 23.0%. Operating margin improved by 140bps to 5.1% (FY20: 3.7%). PBT % up 170bps to 3.6% (FY20: 1.9%). Expense to sales % improved by 270bps to 18.4% (FY20: 21.1%). Capex to sales down 120bps to 2.3% to sales (FY20: 3.5%).Dividend of 25cps declared.