CRG

Crane Group (CRG)

Fri, 27/06/2008 - 07:37

Stock Code

CRG

Stock Exchange

Australian Securities Exchange

Crane Group Limited (CRG) is a company engaged in the manufacture and distribution of aluminium extrusions, copper tube, bar extrusions, copper alloy rod and plumbing supplies. CRG was listed on the Australian Stock Exchange on the 19th of February, 1962. Its average annual revenue reaches approximately $2 billion out of its issued capital of approximately $354 million. Its headquarters is located in North Sydney, Australia and to date; around 5,000 people are employed in the company.

Crane Reduces Full-year Outlook due to Drop in Earnings


Australia based Crane Group Limited (CRG), a company that concentrates in the manufacture and distribution of copper tube, copper alloy rod, aluminium extrusions, bar extrusions and plumbing supplies have reduced its full-year outlook on Monday after it was reveled that the first-half earnings of the company was almost halved with key water projects in Australia drying up.

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