Heartland confounds the doubters with profit upgrade

Heartland confounds the doubters with profit upgrade
Heartland chief executive Jeff Greenslade said its early days in home loans.
Jenny Ruth
It's always a dangerous thing to bet against a company with an established track record of doing what it says it will do.Last December, Forsyth Barr analysts clearly didn't believe the message Heartland Group gave the annual shareholders' meeting that the company was tracking ahead of expectations.Heartland has just proven them wrong in the best possible way; it raised its full-year earnings guidance after reporting it had 75% or more of the higher annual forecast under its belt from the first nine months.Net profit for the three mo...

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