AWF expects 1H sales growth near 61%, flags fatter earnings, debt reduction

Thu, 04 Sep 2014

By Paul McBeth Sept. 5 (BusinessDesk) - AWF Group, the contract labour firm, anticipates first-half sales will grow almost 61 percent with the addition of white-collar recruitment firm Madison Group, and signalled bigger earnings as a result. The Auckland-based company expects sales of almost $100 million in the six months ending Sept. 30, up from $62 million a year earlier, with net profit and underlying earnings likely to increase significantly, it said in a statement. The Madison acquisition is "performing extremely well" and AWF said ...

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