Nuplex is hopeful future dividends will be partially imputed, flags increased earnings

Wed, 31 Oct 2012

Nov. 1 (BusinessDesk) - Specialty chemicals company Nuplex Industries is hopeful that it will be able to partially impute dividends in the future as its New Zealand unit reports profits after cutting costs and reducing debt, while forecasting increased earnings for 2013 on its cost cutting measures. The company is forecasting an annual profit before interest, tax, depreciation and amortisation of between $135 million and $150 million. This compares to $131 million in 2012. Chairman Rob Aitken told shareholders at the annual meeting in Auckl...

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