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ALS LIMITED — Earnings Release 2009
Oct 13, 2008
64365_rns_2008-10-13_76e28ec7-f17e-48c3-aabd-9ad24879fd02.pdf
Earnings Release
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asx/media release
14 October 2008
Campbell Bros upgrades profit forecast
Brisbane-based diversified industrial company Campbell Brothers Limited (ASX Code: CPB) advised today that underlying net profit after tax for the half year to 30 September 2008 is anticipated to be approximately 75 percent higher than the underlying net profit after tax achieved for the corresponding period in 2007.
The full year result ending 31 March 2009 is expected to be approximately 70 percent up on last years’ record result. Previously, at its AGM in August this year, the Company had indicated a 60 percent increase in underlying profit for both the half year and full year.
The profit upgrade is due to the strong performance of the laboratory services business, which continues to benefit from the significant capacity upgrades that have been invested in over the last two years and from acquisitions made over the past eighteen months, assisted by favourable exchange rates.
Despite the current global economic uncertainty, the Company remains confident in the underlying strength and opportunities for its core businesses.
ENDS:
For further information:
Greg Kilmister, Managing Director, Campbell Brothers Limited, Ph +61 7 3367 7900
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