Ebos first-quarter trading 'positive', sees full-year profit growth of 7-10% on constant currency basis

Ebos first-quarter trading 'positive', sees full-year profit growth of 7-10% on constant currency basis
Jonathan Underhill
By Jonathan Underhill Oct. 19 (BusinessDesk) - Ebos Group said it had a positive start to 2017, based on its first-quarter performance, which improved even in the face of a kiwi dollar that reached an 18-month high against its Australian counterpart last month. "On the basis of our current trading performance we expect constant currency, underlying net profit after tax for the 2017 financial year to grow by 7 percent to 10 percent on the prior year," chief executive Patrick Davies told shareholders at their annual meeting. That would b...