Ebos meets prospectus forecast with 5.5 percent gain in FY profit

Ebos meets prospectus forecast with 5.5 percent  gain in FY profit
Aug. 20 (BusinessDesk) – Ebos Group, which has been 40 percent owned by Zuellig Group since issuing shares to the Hong Kong-based investor as part of its $1.1 billion purchase of Symbion, posted a 5.5 percent gain in annual profit, meeting its prospectus forecast. Net profit rose to $28.2 million, or 52.9 cents a share, in the 12 months ended June 30, from $27.9 million, or 27.9 cents, a year earlier, the Christchurch-based company said in a statement. Sales rose 28 percent to $1.82 billion. Excluding Symbion, profit was $29.5 million, meetin...