GWA Group FY profit falls

The company's profits and revenue slides in the face of Australia's weak building sector, further than analysts had expected.

GWA Group has blamed Australia's weak building sector for its fall in revenue and net profit for 2012-13 that missed analyst expectations.

The company, which supplies fixtures and fittings to households and commercial premises, said full-year revenue fell 6% to $568 million and net profit tumbled 30.1% to $32.4 million.

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