CMA announces major profit increase for FY07, predicts further strong growth in FY08 Highlights • Net profit up 284% to $6.5 million • Revenue more than doubles to $237.3 million • EBITDA up 139% to $18.1 million • Earnings per share up 246% to 4.5 cents • Strong activity across all metals recycling activities • Profit growth exceeds revenue growth • Successful acquisition and integration of 4 new businesses • Successful $37 million capital raising to acquire Southern Rocycling • Achieved critical mass and economies of scale in national operations • Platform for strong revenue and earnings growth in FY08 Metals recycling group CMA Corporation Limited (ASX: CMV) today announced a $6.5 million net profit for the 12 months to 30 June 2007, a 284% increase on the previous year. Revenue for the year rose by 103% to $237.3 million and EBITDA was up 139% at $18.1 million. Basic earnings per share were 4.5 cents, up from 1.3 cents in FY06.
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