Restructuring Charges Impact Globe International

2009-02-27T00:00:00

Approximately 6.3 million Australian dollars (€3.21m-$4.10m) in one-time restructuring costs pushed Globe International further into the red for the six months ended Dec. 31. The net loss in the first half was A$9.34 million (€4.76m-$6.07m) compared with a profit of A$288,000, while sales dropped by 4.5 percent to A$60.6 million ...

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