Caltex held its AGM today and reported NPAT of A$154m for Q1FY17. This was up 2% on same time last year.
EPS should increase from $2.18 in FY17 to $2.30 in FY18. Placing CTX on a forward yield of 3.5%
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Forecast FY18 revenue $16b & EBITDA $1.1b
We like CTX as a buy-write.
