MetroGlass says FY normalised net profit was $18M to $18.5M, at or below guidance

Mon, 02 Apr 2018

By Rebecca Howard April 3 (BusinessDesk) - Metro Performance Glass said its full-year normalised net profit was $18 million to $18.5 million on the back of weaker-than-expected Australian performance as well as some unexpected costs related to a change in leadership. The Auckland-based company had previously forecast profit of $18.5 million to $20 million in the year to March 31 versus the prior year's $21.3 million. Australia's performance was hurt by the "longer than anticipated disruption from the capital programme" across the Tasman,...

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