Jarden shakes off winter chill as Australia turns profitable

Jarden shakes off winter chill as Australia turns profitable
The investment house is optimistic about the coming year. (Image: Getty)
Paul McBeth
Investment house Jarden says it’s started the new financial year on the right foot, with its Australian investment banking business turning a profit for the first time.The investment banking and wealth management business generated group earnings before interest, tax, depreciation and amortisation (Ebitda) of $8.5 million after attribution and bonuses in the three months ended June 30, with quarterly revenue of $71m, it said in an email to staff after last week's annual meeting. “We have had a significant bounce back in pro...

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