Thanks for that @dantdm2017. Seems to concur with the report in the AFR yesterday-
"Collection House saw net profits rise 17 per cent to $30.7 million, partly fuelled by acquisitions, accounting changes and one-off deals. Earnings per share, which is linked to short-term bonuses, also rose. But its own “normalised” earnings before interest, tax, depreciation and amortisation fell 7 per cent to $85.1 million. A weak performance in its collection services division, which tracks down cash on behalf of big institutions, was linked to disruption from the banking inquiry and the federal election"
I also note in the results presentation (page 21) that CLH no longer operates out of Adelaide. Did they close the office there down? @Pinginhard can you confirm if that is the case, and if so, when did that happen?
- Forums
- ASX - By Stock
- Ann: FY19 Results Presentation
Thanks for that @dantdm2017. Seems to concur with the report in...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online