Toughest since the GFC: Heartland’s ‘weak’ result
Economic headwinds don’t affect underlying foundation of Heartland, according to departing chief executive Jeff Greenslade.
Outgoing chief executive Jeff Greenslade.
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Shares in Heartland Group fell today after the company reported a weaker profit amid a challenging economic environment, despite some recent light on the horizon.
Its net profit in the year ended June 30 was down 22% to $74.5 million, compared with nearly $96m last year.
One-off or non-cash technical
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