Metro Performance Glass full-year profit falls 16% in line with guidance

Wed, 23 May 2018

By Rebecca Howard May 24 (BusinessDesk) - Metro Performance Glass said its full-year profit fell 16 percent because of softer growth in New Zealand and capital programme disruptions in Australia. Net profit was $16.3 million, or 8.8 cents a share, for the 12 months to March 31 versus $19.4 million, or 10.5 cents a share, in the prior period, the Auckland-based company said in a statement. That was in line with guidance it gave in April. Sales rose 10 percent to $268.3 million, including 12 months of trading from Australian Glass Group. E...

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