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AUSTRALIA'S AUSDOC POSTS US$4.84 MLN LOSS IN 2000/01.
MELBOURNE, Aug 1 Asia Pulse - Business services group Ausdoc Group Ltd (ASX:AUD) has posted a $A9.6 million ($US4.84 million) loss for 2000/01, but maintains it is on the road to recovery.
Ausdoc shares, however, fell to an intraday low of $A1.51 ($US.76) before closing one cent weaker at $A1.57 ($US.79).
Ausdoc said its performance in the second half improved, with a 22 per cent increase in earnings before interest, tax, depreciation and amortisation (EBITDA) for the six months to June 2001.
Its $A9.6 million ($US4.84 million) loss for the year ended June 30, 2001, compared to a $A1.3 million ($US654,810) loss in the previous year.
The company had a $A4.7 million ($US2.37 million) net profit before significant items from $A8.1 million ($US4.08 million) the previous year.
The 2000/01 result included a net loss of $A2.4 million ($US1.21 million) from the Ausdoc On Demand business which had largely been sold.
Ausdoc's bottom line result was dragged into the red by $A14.2 million ($US7.15 million) in losses related to write downs and losses associated with its Outsource division, an investment in an electronic procurement business and restructuring costs.
- AUSDOC shareholders accept ABN AMRO takeover offer.
- News wire article from: Asia Africa Intelligence Wire September 3, 2002 700+ words
...the Melbourne-based office services group AUSDOC Group Ltd announced today they have accepted...acceptances. So far more than 80 per cent of AUSDOC shareholders have accepted the offer. AUSDOC today announced all AUSDOC directors and their...
- ABN Amro says it is going ahead with AUSDOC offer.
- News wire article from: Asia Africa Intelligence Wire August 6, 2002 700+ words
...Dutch banking giant ABN AMRO moved today to assure AUSDOC Group Ltd shareholders it is still going ahead with...mainly associated with the break up and sale of AUSDOC'S DX businesses. AUSDOC last month completed the sale of its DX Group...
- WRAP - ABN Amro says it is going ahead with AUSDOC offer.
- News wire article from: Asia Africa Intelligence Wire August 6, 2002 700+ words
...Dutch banking giant ABN AMRO moved today to assure AUSDOC Group Ltd shareholders it is still going ahead with...mainly associated with the break up and sale of AUSDOC'S DX businesses. AUSDOC last month completed the sale of its DX Group...
- AUSDOC directors resign as ABN AMRO hand over completed.
- News wire article from: Asia Africa Intelligence Wire September 20, 2002 700+ words
...20 AAP - Directors at office services group AUSDOC Group Ltd resigned today as ABN AMRO Capital...Shareholders received $2.25 per share. AUSDOC managing director Alan Freer said all six AUSDOC directors resigned today and were replaced...
- WRAP - AUSDOC directors resign as ABN AMRO handover completed.
- News wire article from: Asia Africa Intelligence Wire September 20, 2002 700+ words
...20 AAP - Directors at office services group AUSDOC Group Ltd resigned today as ABN AMRO Capital...Shareholders received $2.25 per share. AUSDOC managing director Alan Freer said all six AUSDOC directors resigned today and were replaced...
- AUSDOC directors resign as ABN AMRO transition takes place.
- News wire article from: Asia Africa Intelligence Wire September 20, 2002 700+ words
...Melbourne-based office services group AUSDOC Group Ltd resigned today as ABN AMRO Capital...Shareholders received $2.25 per share. AUSDOC managing director Alan Freer told AAP that this morning all AUSDOC directors resigned and were replaced with...
- AUSDOC takeover complete and the company delisted today.
- News wire article from: Asia Africa Intelligence Wire September 23, 2002 700+ words
...Melbourne-based freight and document business AUSDOC Group Ltd were suspended from official quotation...Shareholders received $2.25 per share in exchange for AUSDOC's records management unit AUSDOC Information Management, and Freightways, its...
- AUSDOC posts $41.2 million _3 Melbourne.
- News wire article from: Asia Africa Intelligence Wire August 6, 2002 700+ words
...very positive year with Freightways and AUSDOC Information Management (AIM), which...businesses have been sold, including AUSDOC On Demand, DAS/Templar and Omni Quant...business have also been sold as part of the AUSDOC sale process. "Obviously the sale process...
- AUSDOC posts $41.2 million =3 Melbourne.
- News wire article from: Asia Africa Intelligence Wire August 6, 2002 700+ words
...very positive year with Freightways and AUSDOC Information Management (AIM), which...businesses have been sold, including AUSDOC On Demand, DAS/Templar and Omni Quant...business have also been sold as part of the AUSDOC sale process. "Obviously the sale process...
- (AEBIL) Brambles to buy AUSDOC from ABN AMRO Capital for $260m.
- News wire article from: Asia Africa Intelligence Wire October 13, 2005 700+ words
...Ltd (ASX code: BIL) has agreed to buy AUSDOC, the Melbourne-based information management...decision expected before the end of 2005. AUSDOC operates in all major regions in Australia...chief executive Mr David Turner, said AUSDOC was a high-quality business that would...
Source: HighBeam Research, AUSTRALIA'S AUSDOC POSTS US$4.84 MLN LOSS IN 2000/01.