Cardno forecast profit December 2007 half year


Cardno Limited expects to report a 30% to 40% increase in Net Profit After Tax for the half year ending December 2007, in comparison with the $8.3m result for the corresponding period in 2006. The current profit estimate is based on unaudited management results and current forecasts.
Cardno Managing Director, Mr Andrew Buckley said that the improved profit performance was based on the continuation of strong trading conditions and the contribution from acquisitions completed in the previous financial year.
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For further information:
Mr Andrew Buckley
Managing Director
+617 3369 9822, 0412 059 526
Mr Jeff Forbes
Chief Financial Officer
+617 3369 9822, 0408 756 790

About Cardno: Cardno is an integrated professional services provider, locally delivering the specialist advice necessary to create or improve the physical and social infrastructure that underpins communities around the world. Our team comprises leading advisers who plan, design and deliver sustainable projects or community programs. We are an international company, listed on the Australian Securities Exchange [ASX: CDD].