Adcorp (ASX:AAU) expects improved profit in 2H10

Adcorp (ASX:AAU) expects improved profit in 2H10

Online and print marketing company Adcorp Australia (ASX:AAU) has revealed it is expecting to increase its underlying profit in the second half, compared to its first half loss.

The company posted a post-tax loss of $55,000 in the first half. But it expects all its segments to post improved 2H results on the back of increased activity and reduced costs.

But Adcorp has reiterated that it does not expect to declare a dividend for FY10.

Adcorp will post its final audited results on August 27.

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Tags advertisingfinancial resultsAdcorpASX:AAU

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