Alesco Corporation
Alesco Corporation Limited (ALS) is an Australian-based company with portfolio that of different business that are engaged in the construction and mining, building and renovations, as well as scientific and medical. It supplies different specialist industrial branded products both in Australia and New Zealand. ALS was listed on the Australian Stock Exchange on the 30th of June, 1979. Its average annual revenue reaches approximately AUD$600 million. Its headquarters is located in Sydney, Australia and to date; around 2000 people are employed in the company.
The marathon six month takeover battle for Alesco Corporation (ASX:ALS) by DuluxGroup (ASX:DLX) is looking more likely to go ahead. Alesco has been placed in a trading halt.
- Alesco Corporation, the takeover target, has placed its shares on a trading halth ahead of talks with DuluxGroup about its $210 million takeover bid for the company.
Alesco Corporation (ASX:ALS) is back on the black but has warned the industry could expect an even worse year ahead.
After suffering a loss of $124.3 million, the construction products supplier raked in a net profit of $13.6 million for the full year to end of May. Alesco will pay shareholders a fully franked special dividend of 5.5 cents a share.
Learn the dividend history for ALESCO CORPORATION LIMITED. A dividend is a share of a company's profits that it pays to investors and shareholders. Not all companies pay dividends; companies may decide to retain earnings and reinvest them back into the company. You are eligible to receive ALS dividends if you own the ALESCO CORPORATION LIMITED shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend.
Alesco Corporation (ALS), a company that is engaged in building materials and home products business has recorded a full year net loss of about $13 million. However, the Alesco authority claimed that it is still in a good condition for the future market recovery. Comparing with the previous year’s $65.5 million net profit before significant items, the company recorded $29.1 million for the recently ended year.
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