November 2, 2010

Globe: No Debt, Profitable And Looking To Acquire

Globe has posted its first profit in four years and now stands on good footing for some positive moves. According to this article in The Australian today, CEO Matt Hill said of their first years as a public company, “… we probably tried to chase growth too much, adding businesses that were a short-term fix but not a long-term strategy. Now we have a much longer-term view, with a 10 to 15-year vision to make Globe a much more robust business.” The article gives a little history and it sounds like there might be some interesting things to come – Bring back the 900 parties! Check the full article over here.

(Via Boardistan)

by Dave