Seven set for uptick

Original article by Tess Ingram, Anthony Macdonald
The Australian Financial Review – Page: 25 : 26-Feb-15

Seven Group Holdings has posted a 2014-15 interim net profit of $A69.2m, which is 74 per cent lower than previously. The WesTrac division’s sales revenue was down 47 per cent at $A323m, although revenue from equipment servicing and parts sales rose by 16 per cent to $A750m. Meanwhile, Seven Group will undertake an on-market share buyback via Goldman Sachs. The group’s shares closed 11 per cent higher at $A6.85 on 25 February 2015

CORPORATES
SEVEN GROUP HOLDINGS LIMITED – ASX SVW, WESTRAC HOLDINGS PTY LTD, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S (AUSTRALIA) PTY LTD, CATERPILLAR, WOODSIDE PETROLEUM LIMITED – ASX WPL

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