UNITED Group has bought American property management company Unicco Service Company for $477 million, and forecast a full-year profit of at least $90 million.
Earnings of $90 million would represent about 14 per cent growth on last year, when the train maker, engineering and property management company posted a $78.7 million profit.
"United expects another strong result in FY07, in which net profit is expected to exceed $90 million, subject to the final audit review," United said.
