Results Wrap | Australian Vintage profit up
Throughout reporting season, the Financial Review will bring you all of the key results from the S&P/ASX 200. Read on for a full rundown and refresh regularly for updates.
3.54 pm: Rubicor Grouphas posted a first half profit of $86 million which is a huge turnaround on last year’s result of a $12.2 million loss. The company’s revenue, however, fell 19.6 per cent to $101.7 million.
Chief executive Kevin Levine said: “The first half of the year again provided challenging trading conditions for the recruitment industry, however despite this volatility Rubicor achieved further stability in its results, attributable to an increase in temp margins and a significant reduction in operational costs."
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