Aluminium manufacturer Capral Limited
(ASX:CAA) expects its earnings to improve from previous guidance, forecasting full year EBITDA of between $2.5 million and $4 million.
CEO Phil Jobe says the company is well placed to take advantage of expectations of a rising housing market in 2013.
Mr Jobe will be replaced by Tony Dragicevich from April 2013 and says he looks forward to playing a continuing role with the company as a non-executive director of the board.
Capral booked a net loss of $7 million in the first half of the 2012 financial year.
