Profit warning at Metro Glass
Australian subsidiary written down as poor performance continues.
Tim Hunter
Mon, 18 Mar 2019
The acquisition of Australian Glass Group in 2016 is looking increasingly like a bad mistake for NZX-listed Metro Performance Glass after the announcement of yet another profit downgrade.
Metro Glass this morning lowered its guidance for earnings before interest and tax from $28 million to $25m
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Tim Hunter
Mon, 18 Mar 2019
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