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Article: AUSTRALIA'S TEMPO SERVICES EXPECTS TO MAINTAIN STRONG GROWTH.
- Article from:
- AsiaPulse News
- Article date:
- November 13, 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)
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SYDNEY, Nov 13 Asia Pulse - Cleaning services company Tempo Services Ltd (ASX:TEM) expects to maintain its strong growth despite the challenging economic and political climate.
Executive chairman John Schaeffer said annualised first quarter revenue was running on target at $A620 million ($US322.28 million), compared with its $A450 million ($US233.91 million) equivalent the previous year.
"Our first quarter is traditionally our most difficult period, with up front annual costs and new rates to be negotiated with certain clients," Mr Schaeffer said.
Mr Schaeffer said all company divisions were trading strongly, particularly its core security and ...