Hellaby lifts FY profit 26 percent on equipment, automotive divisions

Mon, 27 Aug 2012

By Hannah Lynch Aug. 27 (BusinessDesk) - Hellaby Holdings, the NZX-listed diversified investment group, posted its third year of profit growth, led by an increase in earnings across its equipment and footwear and automotive divisions. Profit rose 26 percent to $19.3 million in the 12 months ended June 30, the Auckland-based company said in a statement. Sales increased 6.1 percent to $497.7 million. "Hellaby has delivered a strong group result through outstanding performance from our equipment and footwear divisions, a steady performance fr...

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