Toilet and tap maker GWA says a soggy housing market is squeezing sales, but it still expects this year’s underlying earnings to be roughly flat.
“It is challenging out there at the moment,” GWA managing director Tim Salt said on Friday.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au