EBITDA for the year ended June 2005 decreased to $33.2 million, compared to $46.2 million in the prior year. The Group generated EBITDA of $24.6 million in the first half of the financial year and $8.6 million in the second half. The deterioration in the second half has been explained above.
Whilst the EBITDA margin in the first six months was 15.4%, in the second six months this deteriorated to 6.4%. Compared to the prior year, the Group's EBITDA margin for the year deteriorated to 11.2% from 14.3%.
Australasia's largest carpet seller The Feltex operation includes wool scouring plant, six spinning mills, three tufted carpet mills, a woven carpet mill and offices in New Zealand, Australia and the United States. The company also leads the way in exports, with customers throughout South East Asia, Japan, USA, the Middle East and other key world markets.
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-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
