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AUSDRILL LTD WARDS OFF TAKEOVER WITH PROFIT INCREASE FORECAST.

Publication: AsiaPulse News
Publication Date: 04-JUN-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: AUSDRILL LTD WARDS OFF TAKEOVER WITH PROFIT INCREASE FORECAST.(Financial report)

Article Excerpt
MELBOURNE, June 4 Asia Pulse - Takeover target Ausdrill Ltd (ASX:ASL) has forecast a 27 per cent increase in operating profit for the year as the drilling contractor ramps up its defence against suitor Macmahon Holdings Ltd (ASX:MAH).

Ausdrill said it expected to deliver an operating profit of about...

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