Angus & Robertson Writes New Story With Launch of Rewards Program
Australia’s largest bookseller, Angus & Robertson, has built its new customer loyalty program using the unique Graphicard(TM) from loyalty marketing company, Visible Results.
Australia’s largest bookseller, Angus & Robertson, has built its new customer loyalty program using the unique Graphicard(TM) from loyalty marketing company, Visible Results.
Sales and operating result down on last year Business hit by struggling global economy and strong Euro No market improvement on horizon for current financial year 2008/2009 First quarter 2008/2009: Sales are expected to be down on previous year’s figure; operating result (EBIT) predicted to be negative Management Board drawing up package of measures Proposed dividend matches last year’s 0.95 Euro
Break-even EBT before one-time charges in first half Cost reduction programme being phased in as scheduled Annual forecast reaffirmed
Operating profit excluding special items improved to US$97 million Special items US$124 million (pre-tax) – primarily plantation fair value Basic EPS 68 US cents (inclusive of special items) Prices up but only marginally so in Europe Continued input cost pressure Saiccor expansion on track
Christian Schwarze, who previously worked for the big players Heidelberger Druckmaschinen, NexPress and Kodak, is to assume responsibility for worldwide sales at GMG.
Sales up by 20 percent, surpassing the 1.5-billion euro mark for the first time ever Earnings increased by 73 percent to 161 million euros Research and development expenditure raised by around a quarter to almost 100 million euros
Net earnings of $0.07 per diluted share, earnings before items(1) of $0.05 per diluted share – Successful implementation of price increases for a wide range of paper products in March – Increase in paper volumes of 3.9% from fourth quarter of 2007, shipments-to-production at 103%