Edition:
India

Metro Performance Glass Posts HY Revenue NZ$136.7 Million, Down 3%


Monday, 25 Nov 2019 

Nov 25 (Reuters) - Metro Performance Glass Ltd ::HY REVENUE NZ$136.7 MILLION, DOWN 3%.HY GROUP NET PROFIT AFTER TAX NZ$7.7 MILLION VERSUS NZ$9.1 MILLION.EXPECT FURTHER SOFTNESS IN CERTAIN REGIONAL MARKETS IN NEAR TERM, INCLUDING IN AUCKLAND..FOR 12 MNTHS TO 31 MARCH 2021, CO NOW EXPECTS GROUP EBIT IN RANGE OF NZ$21 MILLION TO NZ$24 MILLION, EXCLUDING CERTAIN ITEMS.SYDNEY OPERATIONS WILL BE CONSOLIDATED AND FOCUSED ON SUPPLYING DOUBLE GLAZING TO WINDOW MANUFACTURERS.IN FY20, NSW RESTRUCTURE WILL HAVE A ONE‐OFF CASH IMPACT OF NZ$2.5MLN & ESTIMATED ASSET WRITE‐OFF TOTALLING NZ$3.5MLN. 

Company Quote

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20 Feb 2020