|
|
Article: AUSTRALIAN GOODS IMPORTER BREVILLE UPGRADES EARNINGS GUIDANCE.
- Article from:
- AsiaPulse News
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 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)
|
SYDNEY, Nov 10 Asia Pulse - Australian electrical goods importer and distributor Breville Group Ltd (ASX:BRG) upgraded its full year earnings guidance and commissioned an independent expert to assess GUD Holding Ltd's takeover bid for the company.
Breville said its sales and earnings had exceeded expectations based on trading for the year-to-date.
"Following positive trading, Breville expects full year forecast underlying earnings before interest, tax, depreciation and amortisation (EBITDA) to be approximately A$38.5 million (US$35.84 million) and full year underlying net profit after tax (NPAT) to be approximately A$19 million," Breville said in a ...