12 Nov 2010

Hellaby earnings advance

7:19 am on 12 November 2010

Investment firm Hellaby Holdings says its September quarter earnings and profits are ahead of the same period a year ago.

At its annual meeting, the company told shareholders sales rose 2.4% in the three months to September compared with last year.

Hellaby's forecasts full year earnings should see a significant improvement, though economic activity remains flat in the sectors that it operates in, which include automotive supplies, shoes, and packaging