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SHARES IN AUSTRALIA'S WOOLWORTHS SURGE TO RECORD HIGH.
Publication: AsiaPulse News Publication Date: 28-FEB-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
SYDNEY, Feb 28 Asia Pulse - Australia's largest supermarket group Woolworths Ltd (ASX:WOW) is aiming to "under promise and over deliver" this financial year, according to analysts.
Woolworths shares surged to new record highs today as analysts forecast that the retailer would exceed its 2005/06 guidance after it reported a strong first half result.
UBS analyst Michael Peet said Woolworths continued to demonstrate the high quality of its business.
"Net profit after...
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