CUS copper search limited

ASX-LISTED automatic teller machine owner Customers Ltd is...

  1. 142 Posts.
    ASX-LISTED automatic teller machine owner Customers Ltd is banking on a sustained spike in revenue when new direct charging rules are introduced.

    When the new legislation comes into effect on March 3, Customers will receive $2 every time a person withdraws cash from one of its 5400 ATMs, compared with 95c at present.

    The group, which boasts Richard Pratt's Thorney Investments as a key shareholder with an increasing stake, yesterday reported earnings before interest and tax of $1.8 million for the December half, compared with a $5.6 million loss a year earlier.

    Customers managing director Tim Wildash said he expected business to improve when the new rules were introduced.
 
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