Automotive Paint News

Lanes Skids Into The Red After Sharp Fall In Sales

Wednesday August 28, 1991
The luxury car importer and paint retailer Lanes has skidded into the red with a $2.7 million net loss for the year to 30 June, compared with a $3.3 million profit in 1989-90. Sales revenue slumped 31 per cent, from $174 million in the previous year to $119 million, it was announced yesterday. Lo

Wattyl Looks To Increase Margins

Wednesday August 7, 1991
Paint maker Wattyl saw earnings drop 7 per cent to $17.8 million in the June year and sees more difficult trading conditions to come. The managing director, Mr Greg Boshell, said while trading for the current half was tough, Wattyl hoped to increase margins, aided by a stringent cost-cutt

Wattyl Paints Gloomy Picture For Profits

Wednesday August 7, 1991
The paint maker Wattyl yesterday reported a seven per cent drop, to $17.8 million, in earnings for the year to 30 June and said difficult trading conditions were likely to continue. The managing director, Mr Greg Boshell, said that while trading for the current half was tough, Wattyl hoped to inc

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