8226.0 - Electricity, Gas, Water and Sewerage Operations, Australia, 2005-06  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 17/09/2007   
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Contents >> Gas Supply Industry >> Profitability and earnings

PROFITABILITY AND EARNINGS

Growth in total income of $276m (5%) exceeded the increase of $147m (3%) in total expenses, resulting in strong growth (14%, or $151m) in trading profit, which increased to $1.2b. Similarly, earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 13% to $1.1b.


As measured by profit margin, profitability of this industry grew strongly in 2005-06 to 12.3%, by far its highest value for the past five years.



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