|
|
Article: AUSTRALIA'S TEMPO SERVICES FORECASTS STRONG GROWTH.
- Article from:
- AsiaPulse News
- Article date:
- September 5, 2001
CopyrightCOPYRIGHT 2001 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, Sept 5 Asia Pulse - Tempo Services Ltd (ASX:TEM) said today it expects to achieve double digit earnings growth this year, building on a record result for the last fiscal year.
"We believe in strong double digit growth and double digit improvement in our profit," said chairman of the cleaning and catering group John Schaeffer.
"We are now approximately 50 per cent larger than we were 12 months ago and...we have the experience, so we should be expecting a much stronger result than we have produced so far."
Tempo, which recently acquired the number three player in the Australian cleaning market, today reported a 36 per cent increase in net ...