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DuluxGroup Limited DLX| Maintenance and improvement markets show resiliency in 1H13 Morningstar Recommendation: Reduce Nathan Zaia, Morningstar Analyst Dulux's first half fiscal 2013 result is muddled by a four month contribution of Alesco. AUD 42.9
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Toll Holdings has revealed a possible cost of $19 million from its battle with the Inland Revenue Department over the use of optional convertible notes to shuffle trans-Tasman income. But the company has yet to include provisioning in its accounts
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DuluxGroup expects to lift its full-year net profit in 2013, despite challenging conditions ahead for the construction sector. The company, which has shown resilience during the recent slowdown in new housing development, said it expected its ''like-
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Paints Australia, Paints New Zealand, Selleys Yates and Offshore - through the two months since the end of September. The company expects net profit after tax for the year to the end of March, excluding the impacts of its takeover of home renovation
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DuluxGroup's drawn out takeover of Alesco has reached its final stages after it took a 90 per cent stake in the garage door supplier. DuluxGroup said today it would begin a compulsory acquisition of the remaining shares in Alesco after taking a 90.1
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Sundance requested the trading halt on Friday "pending an announcement on Hanlong's financial commitment obligations" under its revised takeover offer. Sundance said it expects an announcement will be made before the open of trade on the Australian
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Despite this, the fall was not as steep as the 10 per cent declines in the overall detached housing and renovation markets, he said. "We are pleased to report that our profit after tax from continuing businesses for the first quarter is in line with
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In the latest development in a tense battle between the paint maker and the building products company, DuluxGroup said on Friday its offer will also be made unconditional once it takes a controlling stake in Alesco. The companies have been locked in
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After all, it is a piffling amount in the world of Little (although, Insider would happily take it). He has been receiving multimillion-dollar salary and share packages for several years, and was a stone's throw from billionaire-dom in this year's
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The only way that Alesco can extract a nominally higher price, and the least loss of face as its board bows to what now seems inevitable and recommends shareholders accept, is to have Dulux agree to it declaring that special dividend. While that will
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