Earnings guidance provided by the Chairman at Structural Systems AGM held in November 2006 forecast a first half pre tax profit in excess $4 million. This result is now upgraded and the revised forecast for the first six months of the 2007 financial year is a pre tax profit in excess of $5 million on turnover of approximately $69 million. This result compares to a pre tax profit for the corresponding period last year of $3.023 million. Further details will be provided when the half year results are released in full. Structural Systems is a specialist professional Engineering and Contracting Company, which provides innovative skills and services to the Construction and Mining Industries both nationally and internationally. Operations commenced as BBR Australia Pty Ltd in 1961 and became the public company, Structural Systems Limited, in 1987.
STS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
