Scales affirms 2015 earnings guidance for $20.8 mln profit

Tue, 16 Dec 2014

By Paul McBeth Dec. 17 (BusinessDesk) - Scales Corp, the fruit and vegetables logistics company, affirmed its earnings guidance for 2015 with growth tipped across all of its units. The Christchurch-based company expects net profit of $20.8 million and earnings before interest, tax, depreciation and amortisation of $41.2 million in calendar 2015, retaining the forecast from its June prospectus, it said in a statement. Scales will report its 2014 earnings on Feb. 26, and has previously said it might "slightly exceed" the forecast profit of...

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