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AWF Group forecasts profit rise


Friday 29th July 2011 1 Comment

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AWF Group, the largest supplier of temporary workers in New Zealand, is signalling a 40 percent rise in interim underlying profit because of acquisitions and demand for its services.

The company is forecasting the rise in earnings before interest, tax, depreciation and amortisation in the half-year to September 30 from the same period a year earlier.

Revenue to be well in excess of $100 million for the full-year to March 31, 2012. The group reported sales of $95.8 million for the year to March 31 2011, up 36 percent on the previous year.

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Comments from our readers

On 29 July 2011 at 10:13 am Bernie Fuller said:
An excellent example for other companies on what can be achieved when the going gets tough. AWF went through major restructuring to achieve this result.
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