Shares of Nuplex rise as it lifts FY guidance on better than expected second half

Tue, 12 May 2015

By Suze Metherell May 12 (BusinessDesk) - Shares of Nuplex climbed 5 percent to a 13-month high after the specialty chemical maker lifted guidance for its full year earnings on the back of strong performance in Europe, growth in its Asia and North America markets and improvements in Australia and New Zealand. The company's shares rose 17 cents to $ the highest it has been since March last year. The Auckland-based company now expects operating earnings before interest, tax, depreciation and amortisation to be between $130 million and $134...

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