Fleetwood FY profit slumps

The mobile accommodation manufacturer posted a sharp fall in full-year profit as the softening resources sector continues to impact operations.

Fleetwood Corporation (FWD) expects weak demand from the resources sector to further drag on its operations into 2013-14 after posting a fall in net profit that missed analyst estimates.

The mobile accommodation manufacturer's share price dived by 14.8% to $3.52 at 1043 AEST, the worst fall since its trading update in May flagged a poor result.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles