Profit will be between $10 million and $11M in the six months ending September 30, below its July 2014 prospectus forecast for profit of $12.1M, chairman John Goulter told shareholders at its first annual meeting since floating on the NZX last July.Read more: http://www.3news.co.nz/business/metroglass-expects-profit-to-miss-forecast-2015082615#ixzz3juT1A4drMetro Performance Glass expects first-half profit to be below its prospectus forecast as capacity constraints in New Zealand's construction industry weigh on the country's largest glass processor.
Profit will be between $10 million and $11M in the six months ending September 30, below its July 2014 prospectus forecast for profit of $12.1M, chairman John Goulter told shareholders at its first annual meeting since floating on the NZX last July.
Read more: http://www.3news.co.nz/business/metroglass-expects-profit-to-miss-forecast-2015082615#ixzz3juT1A4dr