Sydney - Monday - July 26: (RWE Australian Business News) -
Integrated engineering company RCR Tomlinson Ltd (ASX:RCR) today flagged
an increase in net profit for the full year ended June 30 of more than
15pc on the prior comparative period (FY09).
This result, the first under the new management team led by
chief executive Dr Paul Dalgleish, positions RCR for future growth and
reflects a focus on restructuring, including:
* tighter financial and fiscal management;
* the ongoing elimination of underperforming business streams
and legacy contracts;
* investment in R&D delivering new products and after-tax
returns; and
* the development of stronger management.
RCR will announce its full results for the 2010 year on or about
August 23. This will follow the finalisation of accounts, completion of
the audit and consideration by the board.
ENDS
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