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ASX and Media Release 17 February 2022

Half Year Results Announcement for 1H 2022 SDI Limited delivers record first half sales with bottom line impacted by significant freight costs
MELBOURNE, Australia – SDI Limited (ASX: SDI).
Net profit after tax of $2.7 million for the six months ending 31 December 2021, compared with $4.6 million for the same period last year. SUMMARY FINANCIALS (AUD) 1H 2022 1H 2021 Change % Sales ($m) 46.3 36.8 26.0
EBITDA ($m) 6.0 8.7 (30.3) NPAT ($m) 2.7 4.6 (41.2) Net Cash ($m) 6.5 11.1 (41.0)
Earnings Per Share (cents) 2.26 3.85 (41.3)
Interim ordinary dividend (cents) 1.50 1.50 unchanged

1H 2022 Highlights

• Record total sales of $46.3 million up 26.0% on pcp, with strong growth in all product categories and in most regions.
• Freight costs were up $2.7 million impacting product margins by 5.8% and Operating expenses up 12.6% on pcp, or up 2.5% compared to the 1H 2020 half year.
• EBITDA was down 30.3% to $6.0 million, compared to $8.7 million for the corresponding period last year, reflecting the elevated freight costs and incurred in the period
• Earnings per share (‘EPS’) was down 1.59 cents to 2.26 cents compared to 3.85 cents for the same period last year.
• Strong cash and no debt with Investment on research and development continuing.
• The strategic restructure of the Brazilian operations and fully operational in January 2022.
• Interim fully franked ordinary dividend maintained at 1.50 cents per share.

but yes i agree i am not expecting the famed V-shaped recovery here , the plus side is SDI are living within their means ALTHOUGH if the harsh times linger , and freight costs can be persistent , so half-expect the future divs to be under pressure

<blockquote data-quote="divs4ever" data-source="post: 1164141" data-attributes="member: 86149">ASX and Media Release 17 February 2022Half Year Results Announcement for 1H 2022 SDI Limited delivers record first half sales with bottom line impacted by significant freight costsMELBOURNE, Australia – SDI Limited (ASX: SDI).&nbsp;Net profit after tax of $2.7 million for the six months ending 31 December 2021, compared with $4.6 million for the same period last year. SUMMARY FINANCIALS (AUD) 1H 2022 1H 2021 Change % Sales ($m) 46.3 36.8 26.0EBITDA ($m) 6.0 8.7 (30.3) NPAT ($m) 2.7 4.6 (41.2) Net Cash ($m) 6.5 11.1 (41.0)Earnings Per Share (cents) 2.26 3.85 (41.3)Interim ordinary dividend (cents) 1.50 1.50 unchanged1H 2022 Highlights• Record total sales of $46.3 million up 26.0% on pcp, with strong growth in all product categories and in most regions.• Freight costs were up $2.7 million impacting product margins by 5.8% and Operating expenses up 12.6% on pcp, or up 2.5% compared to the 1H 2020 half year.• EBITDA was down 30.3% to $6.0 million, compared to $8.7 million for the corresponding period last year, reflecting the elevated freight costs and incurred in the period• Earnings per share (‘EPS’) was down 1.59 cents to 2.26 cents compared to 3.85 cents for the same period last year.• Strong cash and no debt with Investment on research and development continuing.• The strategic restructure of the Brazilian operations and fully operational in January 2022.• Interim fully franked ordinary dividend maintained at 1.50 cents per share.&nbsp;but yes i agree&nbsp; i am not expecting the famed V-shaped recovery&nbsp; here&nbsp; , the plus side is SDI are living within their means&nbsp; ALTHOUGH if the harsh times linger&nbsp; , and freight costs can be persistent&nbsp; , so half-expect the future divs to be under pressure</blockquote>

[QUOTE="divs4ever, post: 1164141, member: 86149"] ASX and Media Release 17 February 2022 Half Year Results Announcement for 1H 2022 SDI Limited delivers record first half sales with bottom line impacted by significant freight costs MELBOURNE, Australia – SDI Limited (ASX: SDI). Net profit after tax of $2.7 million for the six months ending 31 December 2021, compared with $4.6 million for the same period last year. SUMMARY FINANCIALS (AUD) 1H 2022 1H 2021 Change % Sales ($m) 46.3 36.8 26.0 EBITDA ($m) 6.0 8.7 (30.3) NPAT ($m) 2.7 4.6 (41.2) Net Cash ($m) 6.5 11.1 (41.0) Earnings Per Share (cents) 2.26 3.85 (41.3) Interim ordinary dividend (cents) 1.50 1.50 unchanged 1H 2022 Highlights • Record total sales of $46.3 million up 26.0% on pcp, with strong growth in all product categories and in most regions. • Freight costs were up $2.7 million impacting product margins by 5.8% and Operating expenses up 12.6% on pcp, or up 2.5% compared to the 1H 2020 half year. • EBITDA was down 30.3% to $6.0 million, compared to $8.7 million for the corresponding period last year, reflecting the elevated freight costs and incurred in the period • Earnings per share (‘EPS’) was down 1.59 cents to 2.26 cents compared to 3.85 cents for the same period last year. • Strong cash and no debt with Investment on research and development continuing. • The strategic restructure of the Brazilian operations and fully operational in January 2022. • Interim fully franked ordinary dividend maintained at 1.50 cents per share. but yes i agree i am not expecting the famed V-shaped recovery here , the plus side is SDI are living within their means ALTHOUGH if the harsh times linger , and freight costs can be persistent , so half-expect the future divs to be under pressure [/QUOTE]

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