Austro

Austro's earnings a share and headline earnings a share for the year to August would be between 60% and 80% lower than a year earlier, the distributor of generators and woodworking machines said on Friday. Last year Austro reported headline earnings a share of 25.9c and earnings a share of 26.1c off revenue of R715.1-mn. Last year it said it would consolidate its acquisitions and seek organic growth.