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Article: Trend feared as Alesco loses $13m.
- Article from:
- Australasian Business Intelligence
- Article date:
- July 28, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. 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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Byline: Sara Rich
Jul 28, 2009 (The Australian - ABIX via COMTEX) -- The final dividend for 2008-09 of building fittings group Alesco is just $A0.07, down from $A0.36 previously. Its net result was a loss of $A12.8m, on EBITA declines of 38% for water products, 25.4% for mining and building, and 23.3% for garage doors. The disappointing ...