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Article: John Fairfax Holdings (FXJ) $2.98.
- Article from:
- Australasian Business Intelligence
- Article date:
- December 17, 2002
CopyrightCOPYRIGHT 2002 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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Dec 16, 2002 (Your Money Weekly - ABIX via COMTEX)
Australian newspaper publisher John Fairfax Holdings has successfully completed construction of a new facility. Fairfax's new printing plant at Tullamarine was completed on time and within its $A220m budget. Capacity is 75,000 copies per hour, up from 30,000 copies per hour at the previous facilities. A $A90m expansion and upgrade at the Chullora facility is on schedule and within budget. The company has affirmed its projections for the first half of 2002-03, and may be suggesting it will slightly outperform. The accumulate price is ...