Pacific Brands Limited
(ASX:PBG) has lifted its earnings expectations for the full 2015 financial year.
The clothing manufacturer now expects to report earnings before interest and tax of between $63 million to $65 million.
The range is up from previous guidance of between $57.4 million to $63 million thanks to a strong performance from its Bonds and Sheridan brands.
Pacific Brands has also credited the upgrade to disciplined margin management, cost control and further action on corporate costs following divestments.
Pacific Brands reported a net loss of $108.7 million in the first half of the 2015 financial year.
