Tox Free is a fast-growing and acquisitive business that will benefit from an economic recovery.
Tox Free Solutions announced 2016 net profit after tax of AUD 13.1 million, down 41% on 2015. Like-for-like NPAT increased 1% to AUD 23.3 million, excluding AUD 10.2 million of restructuring charges. The underlying result was roughly 10% below our estimates, owing to a slightly higher tax rate and weaker resource construction spending in Western Australia and Queensland, partially offset by higher New South Wales/Victoria waste volumes. Excluding the three-month contribution from the AUD 70 mill...Tox Free Solutions is engaged in the provision of industrial cleaning and waste management. Co. has three main business segments: Waste Services, Industrial Services, and Technical and Environmental Services. The Waste Services segment includes the collection, resource recovery, recycling and disposal of solid, industrial, municipal and commercial wastes. The Industrial Services segment provides onsite industrial cleaning to the oil and gas, mining, heavy manufacturing, civil infrastructure, municipal and utilities sectors. The Technical and Environmental Services segment comprises a national network of liquid and hazardous waste management facilities throughout Australia.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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