Opus says Canadian, Australian earnings hurt by oil, resources downturn

Wed, 22 Apr 2015

By Jonathan Underhill April 22 (BusinessDesk) - Opus International Consultants, the listed engineering firm, says the 2015 year is mixed so far, with earnings in Canada and Australia hurt by weak oil prices and a downturn in the resources sector respectively, while a buoyant economy is lifting New Zealand returns. The company didn't give guidance for 2015 at its annual meeting in Auckland today, having boosted profit by 15 percent in 2014. Chief executive David Prentice said year-to-date performance has been mixed. “The level of economic...

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