Oceana Group LTD (OCE) Results Snapshot FY21

Diluted HEPS 512.3 cps (-12.1% y-y). Turnover declined by -8.1% y-y. GPM down by 300bps to 33.7%. Operating margin down 120bps to 15.5% Expenses were well managed. Expense to sales down 40bps to 19.5%. CAPEX to sales up 110bps to 5.3%. Total dividend of 358cps (FY20: 393cps).ENS Forensics confirmed no further impact on the consolidated financial statements as a result of backdating of any insurance claims. The forensic investigations concluded that none of the matters considered resulted in financial loss to Oceana and no evidence of fraud or criminal conduct.