METS

Sedgman profits fail to satisfy market

COAL handling and preparation plant specialist Sedgman has lifted its net profit after tax by 11.8% year-on-year to $A11.4 million for the last half of 2010, but the results were short of expectations with its share price taking a haircut this morning.

Blair Price
Sedgman profits fail to satisfy market

Revenues increased 76.5% to $257.3 million by the same comparison, while earnings before interest, tax and amortisation were up 8.3% to $16.7 million. Sedgman managing director Nick Jukes said profit...

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