AUDIO: Colorpak Limited ASX: CKL - Earnings Outlook - Mr Alex Commins, MD

Colorpak Limited (ASX: CKL) - Earnings Outlook - Mr Alex Commins, MD; Colorpak Limited (ASX: CKL) present the following audio webcast regarding "Earnings Outlook". You may also download this audio webcast to your computer or portable audio player.
Broadcaster: Colorpak Limited (ASX: CKL)

Broadcast Title: Earnings Outlook

Broadcast Type: Audio stream

Audio webcast Link:

http://abnnewswire.net/alnk/W664H77J

Listen to the Audio stream and view the announcement for Colorpak Limited (ASX: CKL) below.

http://abnnewswire.net/vlnk/4N29NW5R

Colorpak advises that it is now in a position to release an earnings forecast for the half year to 31st December 2007 and an update of the earnings outlook for the 2008 financial year.

The company has continued to experience strong trading for the first five months of this year and NPAT for the half-year to December is now expected to exceed $3.0 million. This is an increase of more than 10% on the half year to June 2007 and a very substantial increase on the corresponding period last year of $2.328 million when the Sydney business was being moved into the new facilities. Colorpak is pleased to inform that sales for the six months are expected to be up on last year's comparative by some 10% and that EBITDA margins have lifted to approximately 20% as the expected production efficiencies from the new Sydney factory are now being achieved.

Performance to date gives the company confidence to update the earnings outlook to double digit NPAT growth for the full 2008 financial year.

About Colorpak Limited

Colorpak Limited ASX:CKL is engaged in design and production of printed folding cartons, printed leaflets, printed blister and lidding foils, printed self-adhesive labels, point-of-sale displays and other value added paperboard packaging products for specific end use markets.

 

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