Profit warning at Metro Glass
Australian subsidiary written down as poor performance continues.
Tim Hunter
Mon, 18 Mar 2019
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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
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
