Asaleo Care on track for FY profit growth

Company News

After listing mid last year Asaleo Care Limited (ASX:AHY) says it is on track to deliver financial growth over the full 2015 financial year and has confirmed its outlook.  
 
The personal care and hygiene company expects a low-to-mid single digit rise in its annual EBITDA and net profit after tax. 
 
The company believes the market place will continue to be challenging and says its outlook is based upon management's confidence to deal with these challenges. 
 
Asaleo Care’s focus will remain on product innovation and differentiation, range and coverage, distribution innovation and cost reduction and efficiency. 
 
Asaleo Care reported a net profit of $2.98 million in the first half of the 2015 financial year.