Scales sees full-year earnings at top of forecast range

Mon, 27 Aug 2018

By Gavin Evans Aug. 28 (BusinessDesk) - Scales Corp expects a good export apple season will deliver full-year operating earnings at the top of the company’s forecast range. The apple grower, food processor and exporter today reported a 22 percent increase in net profit to $34.8 million for the six months ended June 30 on the back of good growing conditions and better volumes through its logistics and pet food operations. Earnings before interest, tax, depreciation and amortisation were 20 percent higher at $57.1 million and full-year e...

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