15 May 2013

AWF Group's profit more than doubles to $6.9m

7:22 pm on 15 May 2013

Casual labour provider, AWF Group's annual profit more than doubled to $6.9 million, from $2.6 million last year, with sales rising by a quarter to $130 million.

Excluding the impact of the sale of Panacea Healthcare, underlying earnings rose 17.5% to $5.4 million in the year ended March.

Chief executive Mike Huddleston says demand is high for casual staff.

He says there is still a ready acceptance of temporary labour in the market and there is still a strong demand for it.

Mr Huddleston says AWF has been a good position in that sector for the last five years to take advantage of it.