Tenon says operating profit rises
Tenon Ltd said its earnings before interest, tax, depreciation and restructuring costs rose 20 percent to $US12 million ($NZ17 million) in the year to June 30 from the previous year.Including restructuring expenses the profit was unchanged at $US10m.The n
Tenon Ltd said its earnings before interest, tax, depreciation and restructuring costs rose 20 percent to $US12 million ($NZ17 million) in the year to June 30 from the previous year.
Including restructuring expenses the profit was unchanged at $US10m.
The net profit after tax was $US2m from a flat result last year. It was achieved on revenue of $US329m, of which $US33m was in New Zealand.
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