Collection House flags profit rise
09:00, Monday, 25 July 2011
Sydney - Monday - July 25: (RWE Australian Business News) -
Collection House Ltd (ASX:CLH) expects to report a strong full-year
result, buoyed by "very positive results" in the final quarter.
Operating profit is expected to be in the range of $14.3m to
$14.5m (up 25pc) and net profit about $10m (up 13pc).
Earnings per share are forecast around 10c.
Purchased Debt accounts under arrangements are up 20pc to $152m.
Cash flow from operations are expected in the range of $46m-$47m
(up 17pc) and cash flow per share 47c-48c.
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