Paul Little’s legacy: Toll reports revenues up, profit down

Paul Little’s legacy: Toll reports revenues up, profit down

Brian Kruger and Paul Little.

Bitten by a weak fashion retail trade but buoyed by its resources services businesses, the Toll Group has released interim results for the six months ended 31 December 2011. Net profit after tax of A$158 million is down four per cent compared to the corresponding period, and sales revenue of A$4.4 billion is up five per cent. Total operating profit (EBIT) was A$248 million, down two per cent.

Toll Group managing director Brian Kruger said:

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