Half Year 2022 Qube Holdings Ltd Earnings Call Transcript
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across the supply chain. We saw a strong performance from the operating division from organic growth, contributions from acquisitions and growth CapEx and from the ability by us to mitigate, effectively mitigate cost pressures. We saw a solid performance from Patrick's despite vessel scheduling issues and industrial disputes.
Other highlights. In the period, Qube successfully completed the Moorebank Logistics Park monetization on 15th of December. Today, we have announced an increase of 20% to the interim fully franked dividend at 3% per share, reflecting a strong performance and a positive outlook.
And also with our strong balance sheet, today, we have indicated a capital management initiative of up to $400 million to likely commence in the second half of this year. With high demand for our services in most markets and for our infrastructure assets and for our expertise across the supply chain, we currently expect to deliver a strong underlying full year earnings in 2022. This is subject to any material change to
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