August 2014
Results Wrap | Reporting season blog
Live blog | Welcome to the Financial Review reporting season blog. Companies that are due to report today include: ■ Qantas ■ Adelaide Brighton ■ iSelect ■ Nine Entertainment.
July 2014
Kresta in trading halt pending Chinese takeover bid news
Shares in Australia's biggest blind and curtain maker Kresta have been halted from trade ahead of an expected announcement about a takeover offer from China.
June 2014
Kresta gets $35m takeover offer from APlus
Iconic blind and curtains manufacturer Kresta Holdings has received a $34.6 million takeover offer from a Chinese textile maker that already owns almost a fifth of the company.
February 2014
Results Wrap | Australian Vintage profit up
Reporting season live | Globe International profit surges, Austin dives 95pc, Mayne Pharma and Wilson HTM in the black; Mesoblast loss widens; Regional Express has $5m profit.
August 2011
Furnishings cushioned from online onslaught
Small-cap home furnishings stocks have been outperforming their larger peers thanks to their relative defensiveness against the online retail onslaught.
Company briefs
Focus Minerals has lifted its relevant interest in fellow Western Australian gold junior Crescent Gold to 62.12 per cent.
April 2011
January 2011
Company briefs
Britain has announced it would allow Rupert Murdoch’s News Corp more time to provide details on its takeover of satellite broadcaster British Sky Broadcasting Group.
Defamation development at Kresta
Kresta Holdings chairman Ian Trahar might be in the sights of major shareholder Hunter Hall Investment Management, which has requisitioned a meeting to remove him and fellow director Peter Hatfull from the board of the blinds company, but he won’t be going down without a fight.
Kresta warns of sharp fall in profit
Kresta Holdings warned on Tuesday morning that its net profit for the first half of 2009-10 would fall about 63 per cent to $1.6 million.
Hunter Hall pulls the cord
Hunter Hall International is believed to be increasingly confident of winning its stoush with the board of Kresta Holdings.
November 2010
Kresta (KRS)
The window coverings company was pummelled by the market on Thursday when Kresta issued a profit warning at its annual general meeting.
June 2010
Kresta sustains strong run
Kresta Holdings defied negative market conditions on Monday morning with its share price increasing more than 5 per cent under strong volumes.
February 2010
Kresta exceeds guidance
Kresta achieved earnings per share of approximately 3¢ in the first half, leaving it well positioned to meet full-year consensus forecasts of 5.5¢.
January 2010
Kresta forecasts near tripling of profit
The management of Kresta Holdings announced today that it expected net profit for the six months to 31 December 2009 of about $4.2 million - 189 per cent more than the same period in the previous year.
September 2009
Kresta opens a window of opportunity
After an awful beating, Kresta Holdings shares have rallied on expectations of firmer housing activity and higher sales of window furnishings
August 2009
Light peeps through for Kresta
Blind and curtain maker Kresta Holdings warns that the retail trading environment remains fragile and has taken a conservative approach by halving its final dividend after posting a near 15 per cent drop in full-year earnings
November 2008
Kresta Holdings (KRS)
While Kresta Holdings' share price has slid from more than 30¢ to less than 20¢ in the past 12 months, the company has found some institutional support with Perpetual increasing its stake from 7.39 per cent in April to 11.3 per cent in August.