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Article: AUSTRALIA'S AUSTEREO REPORTS SOLID START TO FINANCIAL YEAR.
- Article from:
- AsiaPulse News
- Article date:
- November 15, 2007
CopyrightCOPYRIGHT 2007 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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MELBOURNE, Nov 15 Asia Pulse - Australian radio broadcaster Austereo Ltd (ASX:AEO) says it has had a solid start to the current financial year and its performance in the first half should be better than in the prior corresponding period.
"Turning to the 2008 financial year, we are pleased to report that Austereo's performance to October 2007 has been most satisfactory and that the total industry growth has exceeded our own predictions," Austereo chairman Peter Harvie told shareholders at the company's annual general meeting today.
He said the industry growth figure to the end of October was 11.4 per cent.
"At this stage, and subject of course ...