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.
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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