GUD affirms FY outlook as H1 profit grows

20/01/2015 10:50:00

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The appliance manufacturer posted a profit of $17.3 million, up 16 per cent on an underlying basis but more than tripled on a net basis. 
 
GUD Holdings has attributed the growth from a number of its brands and highlighted pleasing progress made in Sunbeam and Dexion.   
 
Looking ahead the company expects to increase EBIT to between $55 million and $60 million over the full 2015 financial year. 
 
An interim dividend of 20 cents per share has been declared.