Ebos posts 20% gain in full-year profit as sales top $7 bln

Wed, 24 Aug 2016

By Jonathan Underhill Aug. 25 (BusinessDesk) - Ebos Group posted a 20 percent gain in full-year profit and lifted its dividends as revenue topped $7 billion for the first time, saying it expects further earnings growth in the current year. Profit rose to $127 million, or 84 cents a share, in the 12 months ended June 30, from $105.9 million, or 70.8 cents, a year earlier, Christchurch-based Ebos said in a statement. Sales rose to $7.1 billion from $6.1 billion, exceeding brokerage Forsyth Barr's $6.7 billion forecast. Ebos shares have c...

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