Business Services Industry
Wattyl to paint the town black.
Australasian Business Intelligence, August, 2003
Aug 27, 2003 (Herald Sun - ABIX via COMTEX)
Australia's Wattyl paint and coatings company expects strong growth in 2003-04. The company reported a net loss for the year to 30 June 2003 of $A4.2m, which was the result of $A23.4m in one-off charges from its US operations. Wattyl's MD, Ian Jackson, said that the company expects to see a positive result for 2003-04 on this basis. Total sales revenue for the company was $A546.5m, and earnings before interest and tax were increased by 38 to $A34.1m.
Publication Date: 28 August 2003
WATTYL LIMITED - ASX WYL
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