UPDATE: Metroglass confirms on track for full year, as interim sales rise 13%, shares gain

Thu, 20 Nov 2014

(Updates with share price, investor comment) By Suze Metherell Nov. 21 (BusinessDesk) - Metro Performance Glass, which has more than half of New Zealand's glass processing market, is on track to meet full-year prospectus forecasts as it benefits from a building boom in Auckland and Christchurch. Profit in the two months ended Sept. 30 was $806,000, reflecting initial public offering costs of $3.92 million and $1.8 million in tax as it couldn't deduct IPO costs, the Auckland-based company said in a statement. It didn't provide a compar...

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