Top public companies 2010: Campbell Brothers

MARCH 2010

A FREEZING Northern hemisphere winter has meant commercial chemicals manufacturer Campbell Brothers Limited (CPB) are expecting a 29 per cent NPAT fall in 2010.

The extreme conditions impacted the translation of offshore earnings because of difficulties in sample flows to the company’s environmental testing labs abroad.

Managing director Greg Kilmister highlights the expected profit of $75 million as reflecting a solid performance considering economic conditions last year, showing the strong business discipline of CPB.

This year the company will continue the process of integration of the recently-acquired assets of environmental solutions company Ecowise and industrial services provider PearlStreet.

These acquisitions are expected to have a negative impact on second half earnings, but will contribute strongly to results in FY11.

Late last year managing director Greg Kilmister upped the ante on his commitment to the company, buying 3859 shares worth a total of $90,365.

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Crypto staking: a new way to earn passive income
Partner Content
You may be familiar with traditional ways of earning passive income such as trading sto...
Etoro
Advertisement

Related Stories

Cromwell sells Brisbane head office to Wingate for $108.5 million

Cromwell sells Brisbane head office to Wingate for $108.5 million

As part of its strategy to sell off inessential assets, Brisbane-ba...

Record profits again for TechnologyOne as CEO touts business model resilience in tough times

Record profits again for TechnologyOne as CEO touts business model resilience in tough times

TechnologyOne (ASX: TNE) CEO Edward Chung has affirmed the company ...

John McGrath calls for calm as real estate company forecasts rise in earnings for FY22

John McGrath calls for calm as real estate company forecasts rise in earnings for FY22

Despite recent trading conditions proving disruptive for the reside...

Board exodus gathers pace at The Star after O’Neill resigns as chairman

Board exodus gathers pace at The Star after O’Neill resigns as chairman

The Star Entertainment Group (ASX: SGR) is now on the hunt for a ne...