InvestSMART

GUD profits toasted

Weak consumer confidence and intense competition has contributed to a 66 per cent fall in profit for the company behind Sunbeam appliances.
By · 25 Jul 2013
By ·
25 Jul 2013
comments Comments
Weak consumer confidence and intense competition has contributed to a 66 per cent fall in profit for the company behind Sunbeam appliances. GUD Holdings made a net profit of $31.5 million in the year to June 30, down from $92.8 million. Sales from the consumer products business, which includes Sunbeam toasters, kettles and mixers, were down 11 per cent.
Google News
Follow us on Google News
Go to Google News, then click "Follow" button to add us.
Share this article and show your support
Free Membership
Free Membership
InvestSMART
InvestSMART
Keep on reading more articles from InvestSMART. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.