Transpacific Industries Group Ltd. provides integrated industrial cleaning and waste management solutions to customers across Australia and New Zealand. The Company also imports and distributes heavy-duty commercial vehicles. The group is listed on the Australian Stock Exchange and is a member of the S&P/ASX 200.

 

Transpacific Industries downgraded its FY12 profit guidance from $17.3 million to between $8 million and $13 million.

The group also lowered its EBITDA to between $435 million and $442 million. It had previously guided an EBITDA between $445 million and $459 million.

The company blamed the fall in EBITDA on a decrease in Cleanaway’s volumes, exacerbated in Queensland by customers deferring the disposal of waste pending expected removal of the landfill levy from July 1, and subdued activity in the manufacturing sector.

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Myer Holdings operates department stores, which relisted on the Australian Stock Exchange late 2009.

The Company retails womens wear; mens wear; youth fashion; childrens wear; intimate apparel; beauty, fragrance and cosmetics; housewares; electrical goods; toys; fashion accessories; and general merchandise.

Myer reported 3Q FY12 sales of $651.1 million, down 0.9% compared to the same quarter in the prior year.

The group said that on a like-for-like basis, sales were down 2.1% compared to last year.

CEO Bernine Brooks said that “the result was solid considering the very difficult trading environment in April, which has continued in the first few weeks of the fourth quarter.”

The group also lowered its FY12 NPAT guidance to be no worse than 15% below FY11’s profit. It had previous said it would be no worse 10% below the FY11 results.

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James Hardie Industries SE manufactures building products, including fiber cement siding, backerboard, and pipe. The company has significant operations in the US, but is listed on the Australian Stock Exchange.

 

James Hardie has reported a US$140.4 million full year operating profit, a 20% rise on year. The result was slightly ahead of analyst expectations of US$137.7 million.

Sales for the full year rose by 6% to US$1.24 billion.

CEO Louis Gries described operating earnings for the full year as solid with revenue up in Europe and the U.S. but with some rises in some costs constraining profitability.

The company declared a final dividend of US$0.38 a share.

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Coca-Cola Amatil Limited manufactures, distributes and sells carbonated soft drinks along with still and mineral waters, fruit drinks, ready-to-drink coffee and tea and flavored milk drinks. The Company also rents and services commercial refrigeration equipment to food/beverage manufacturers. The company is listed on the Australian Stock Exchange under CCL.

Coca-Cola Amital has announced that it expects its first-half net profit to grow by around 4%-5% for FY12, before significant items.

Managing Director Terry Davis said in a statement “Given the difficult trading and consumer environment we are pleased with the operating performance in the year to date.”

Mr Davis also made reference to very strong growth in the groups Indonesia and PNG businesses.

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Myer Holdings Ltd. operates department stores, which relisted on the Australian Stock Exchange late 2009.

The Company retails womens wear; mens wear; youth fashion; childrens wear; intimate apparel; beauty, fragrance and cosmetics; housewares; electrical goods; toys; fashion accessories; and general merchandise.

Myer has announced a net profit of $88.1 million for the six-months ending January 28, a 17.5% decrease on the previous corresponding period

Total sales fell 1.7% to $1.7 billion over the same period.

The company warned that it expects weak to flat sales in the second half of the year.

Myer also said that it will pay an interim dividend of 10 cents, down from 11.5 cents a year earlier.

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OneSteel Ltd (OST) is an Australian manufacturer of steel and finished steel products and a leading metal distributor which is listed on the Australian Stock Exchange.

OST, which was spun out of BHP in October 2000, markets products used in the construction, manufacturing, housing, mining and agricultural industries.

OneSteel announced a 1H FY12 net loss of $74 million, swinging from a $116 million profit a year earlier.

The results were marred by a $130 million writedown on the groups LiteSteel business in the Australia and the US.

The group said that it expects sales of approximately two million tonnes in 2013, after its Peculiar Knob project begins operations in the December quarter of this year.

The company declared an interim dividend of $0.03 a share, unfranked.

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