AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
AUSTRALIA'S PAPERLINX FORECASTS STRONGER PROFITS IN H2.
MELBOURNE, March 1 Asia Pulse - Paperlinx Ltd (ASX:PPX) has today forecast its January-June 2001 result will be substantially better that for the corresponding period last year.
It said the first half of 2000 had been adversely impacted by the rapid increase in imported pulp costs.
Paperlinx said the acquisition of Spricers Papers provided a platform for international expansion of the merchanting business while the integration of Paperlinx and Spicers businesses is well under way.
The company today announced a half year net profit of $A52.1 million ($US27.32 million) and an interim dividend of 13 cents.
Paperlinx said its positive outlook was based on the continuing growth in key market segments of merchanting and manufacturing, sound market positioning of its businesses, further cost and efficiency initiatives and sound financial fundamentals.
It said the financial forecasts in the prospectus were being achieved and the company was confident it can continue to deliever the forecast financial results and growth.
Paperlinx also said it is pursuing opportunities to further develop the merchanting business internationally, particularly in the US and Europe.
- PAPERLINX SET TO POST HEALTHY NET PROFIT IN NEW RESULTS.
- News wire article from: AsiaPulse News August 12, 2001 700+ words
...printing and office papers. Paperlinx Ltd is cashed up for another...Hancock to continue supplying Paperlinx with plantation fibre. And...businesses to be known as Dalton Fine Paper, Dalton Web Papers...to be identified, believed Paperlinx could find it tougher this...
- Paperlinx on track for big full-year profit result.
- News wire article from: Australasian Business Intelligence August 12, 2001 700+ words
...business into four divisions. Paperlinx will release its full-year...July 2001. Analysts said Paperlinx will most likely invest in...expand pulp making capacity. PAPERLINX LIMITED - ASX PPX: AMCOR...VICTORIAN PLANTATIONS PTY LTD: DALTON FINE PAPER: SPICERS PAPER LIMITED...
- Document Security Systems and PaperlinX Limited Announce International...
- Press release article from: Business Wire December 21, 2005 700+ words
...international distribution agreement with PaperlinX Limited (ASX: PPX) for it to sell...America. The supplier alliance with PaperlinX represents one of the largest potential...provider of print security technology. PaperlinX, the largest fine paper distributor...
- PaperlinX Fine Paper Merger Closes With a Remedy.(with Cascades Fine Paper...
- News wire article from: Mondaq Business Briefing April 4, 2006 700+ words
...agreement with the Competition Tribunal, PaperlinX Canada (formerly Coast Paper Ltd...Cascades Resources. The closing followed PaperlinX Limited's November 17, 2005 announcement...business. Both Cascades Resources and PaperlinX sell fine paper products in many parts...
- DEAL MAKES AUSTRALIA'S PAPERLINX MAJOR FINE PAPER MERCHANT.
- News wire article from: AsiaPulse News June 18, 2003 700+ words
...June 18 Asia Pulse - Australia's PaperlinX Ltd (ASX:PPX) will become the world...new shares, will more than double PaperlinX's sales and substantially lift earnings per share (EPS). PaperlinX managing director Ian Wightwick said...
- AUSTRALIA'S PAPERLINX WARNS OF NEAR TERM UNCERTAINTY.
- News wire article from: AsiaPulse News August 14, 2003 700+ words
...MELBOURNE, Aug 14 Asia Pulse - Australia's PaperlinX Ltd (ASX:PPX), which today reported...the corresponding period last year. PaperlinX said it achieved smooth and rapid integration...regions over the past year. "All of PaperlinX's businesses performed creditably under...
- Successful PaperlinX Pilot Paves the Way for Next Phase With IBS Enterprise.
- Press release article from: PR Newswire December 19, 2006 700+ words
...pilot installation of IBS Enterprise at PaperlinX Ireland, the starting point of the IBS and PaperlinX cooperation, has been successfully completed...creating a scalable hosting solution for PaperlinX European operations. "The cooperation...
- PAPERLINX UNDERLYING DEBIT CUT 35PCT AFTER AUSTRALIAN PAPER SALE.
- News wire article from: AsiaPulse News June 1, 2009 700+ words
MELBOURNE, June 1 Asia Pulse - PaperlinX Ltd (ASX:PPX) has warned its 2009...unit to Japan's Nippon Paper Group. PaperlinX managing director Tom Park completed...losses and corporate overheads, he said. PaperlinX's reported EBIT for 2007/08 was...