Building Services Still Booming

February 26th, 2009

Hastie Group Limited, the leading international building services and refrigeration systems group, today announced a 119 per cent increase in profit after tax to $32 million for the half year to 31 December 2008.  Revenue increased by 82 per cent to $923 million and earnings per share grew by 58 per cent to 19.4 cents.  These results include contributions from Rotary which was acquired in April 2008. 

The directors have declared a fully franked interim dividend of 7.0 cents per share, payable on 17 April 2009 to shareholders on the register at 6 March 2009. 

“This strong result reflects the resilience of Hastie’s operations during these challenging times,” said Mr. David Harris, Group Managing Director and CEO. “The group’s continuing contract wins and 20 per cent organic growth demonstrate the robust nature of its strategy and business model, which provides diversification across sectors and regions.” 

http://www.hastiegroup.com.au/

 


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