T he r esult r epr esen t ed a s tr ong per f ormanc e and w as due primarily t o impr o v emen ts deliv er ed b y the Lif e Scienc es and C ommodities divisions Lif e Scienc es deliv er ed r e v enue gr o w th and mar gin im pr o v emen t acr os s al l r egions with t o t al r e v enue up 133 per c en t and mar gin up 110 bps T he C ommodities division s underlying c on tribution w as up 358 per c en t with higher r e v enue and EBIT c oming acr os s the boar d fr om the Geochemis try C oal Qualit y Inspec tion and Me t al lur gy busines ses C ommodities t o t al r e v enue w as up 195 per c en t and mar gin up 320 bps T he Indus trial division r e v enue w as up 99 per c en t with positiv e r e v enue or ganic gr o w th in bo th A s se t C ar e and T ribology busines ses T he A s se t C ar e busines s deliv er ed s tr ong gr o w th in r e v enue driv en b y suc c es s ful busines s de v elopmen t e f f or ts f ocused on main t enanc e r ela t ed servic es but had a r educ tion in mar gins as socia t ed with the change in the mix o f servic es and pric e pr es sur es par ticularly in Aus tr alia T he FY2019 s t a tut ory r esult fr om al l oper a tions w as a ne t pr o ft a f t er t a x a ttribut able t o equit y holders o f the C ompan y including al l Oil Gas busines ses r es truc tur ing and o ther one o f f it ems amor tis a tion o f ac quir ed in t angibles div es tmen ts and writ e do wns o f 1538 mil lion c ompar ed with a ne t pr o ft a f t er t a x o f 518 mil lion r ec or ded in FY2018 T o t al r e v enue fr om al l oper a tions w as 16725 mil lion up 119 per c en t on the 14951 mil lion gener a t ed in FY2018 A de t ailed summary o f the r esults is se t out on page 13 Dir ec t ors ha v e declar ed a fnal par tly fr ank ed 35 per c en t dividend f or the y e ar o f 115 c en ts per shar e 2018 90 c en ts 40 per c en t fr ank ed T oge ther with the in t erim divi dend o f 110 c en ts per shar e 20 per c en t fr ank ed the t o t al par tly fr ank ed dividend f or the y e ar wil l be 225 c en ts per shar e up 324 per c en t on pcp 2018 170 c en ts In ligh t o f the C ompan y s curr en t onmark e t shar e buyback pr ogr am the dividend r ein v es tmen t plan wil l no t oper a t e f or the FY2019 fnal dividend T he Gr oup has thr ee r epor t able oper a ting segmen ts as o f 31 M ar ch 2019 C ommodities Lif e Scienc es and Indus trial F ol lo wing a decision b y Dir ec t ors in M ar ch 2018 t o e xit the Gr oup s Oil Gas labor a t ory busines s a f our th segmen t Oil Gas L abor a t ories has been r e clas sifed t oge ther with the o ther Oil Gas servic es busines s sold in July 2017 as disc on tinued oper a tions C on tributions fr om busines s segmen ts ar e se t out fur ther DIVISIONAL REVIEWS C ommodities T he C ommodities division is a le ading ful l servic e pr o vider o f t es ting servic es f or the global mining indus try in f our k e y servic e ar e as Geochemis try Me t al lur gy Inspec tion and C oal Qualit y with an e xt ensiv e clien t base o f e xplor ers miners and tr aders Its t es ting and c onsulting servic es c o v er the en tir e r esour c e lif e c y cle fr om e xplor a tion f e asibilit y op timis a tion pr oduc tion design de v elopmen t thr ough t o tr ade and fnal ly r ehabilit a tion T he in t egr a t ed feld and labor a t ory servic es o f the C oal Qualit y busines s c o v er e xplor a tion bor e c or e t es ting c onsulting qualit y managemen t and superin t ending servic es T he division s s tr a t egy is t o ensur e al l its busines s s tr e ams ar e equipped with the t echnical e xper tise and oper a tional capacit y r equir ed t o pr o vide its clien ts with a se amles s suit e o f in t egr a t ed servic es thr oughout mark e t c y cles In par ticular the division is w orking har d t o gr o w or ganical ly in the C ommodit y Inspec tion servic e sec t or b y deliv ering qualit y inno v a tion and v alue t o ne w and e xis ting clien ts C ommodities Financial per f ormanc e 2019 m 2018 m V arianc e R e v enue 6203 5189 195 Segmen t c on tribution 1586 1194 R es truc turing and r ela t ed c os ts 91 41 Underlying segmen t c on tri bution 1677 1235 358 M ar gin underlying segmen t c on tribution t o r e v enue 270 238 Underlying segmen t EBITD A 1896 1463 296 M ar gin underlying segmen t EBITD A t o r e v enue 306 282 S tr onger mark e t c onditions and scalable busines s mod els dr o v e signifcan t impr o v emen ts in the C ommodities division s fnancial r esults f or the y e ar Geochemis try s ample fo ws incr e ased global ly as bo th es t ablished mining clien ts and junior e xplor ers c on tinued t o lif t their ac tivit y spending le v els S ample fo w in t o the Geochemis try busines s s tr e am w as 7 per c en t higher than FY2018 which tr ansla t ed in t o a 31 per c en t impr o v emen t in underlying c on tribution a t an underlying mar gin o f 30 per c en t W hile c os t manage men t r emained a f ocus f or the Geochemis try busines s equal a tt en tion w as paid t o pr oduc tivit y and the timely injec tion o f human and capit al r esour c es t o servic e the incr e asing w orkloads Although the FY2019 s ample v olumes w er e up 7 per c en t H2 FY2019 v olumes w er e fa t c om par ed t o the prior y e ar W hile the long t erm driv ers f or the c ommodities mark e t r emain s tr ong the unc er t ain t y in global tr ading c onditions seems t o be t empor arily r educing the in v es t or s in t er es t f or the sec t or 14 ALS LIMITED AND IT S SUBSIDIARIES A NNU AL F INANCIAL R EPOR T F OR THE Y EAR E NDED 31 M AR CH 2019 F INANCIAL REPOR T D IRE CT ORS REPOR T R EVIEW OF RESUL T S AND OPERA TIONS D IVISIONAL REVIEWS