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Article: AUSTRALIA'S TEMPO SERVICES BOOKS STRONG Q1 REVENUE.
- Article from:
- AsiaPulse News
- Article date:
- November 17, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SYDNEY, Nov 17 Asia Pulse - Cleaning and security firm Tempo Services Ltd (ASX:TEM) said its first quarter revenues were ahead of last year and reaffirmed it would meet its forecast for 2004/05.
"Group revenue in the first quarter was marginally ahead of the first quarter of last year," Tempo's founder and executive chairman, John Schaeffer, told shareholders at the company's annual general meeting.
"We are now confident of at least meeting our threshold EBITA (earnings before interest, tax and amortisation) forecast of $20 million and our threshold profit after tax and goodwill forecast of $8.1 million."
In August, Tempo forecast EBITA of ...