godfreys aims to clean up on stock market - air cleaner filter

Godfreys, a vacuum cleaner expert, is entering the stock market for $78 million to help it develop new high-tech productstech cleaners. The 83-year-
Old companies want to take advantage of the growing demand for advanced and healthy --
Focus on products such as bag-free vacuum cleaners, air filters for allergic patients and robotic cleaners.
"In 2006, we were in the business of vacuum cleaners and today it was just a little over 50," said general manager Tom Cruise . ".
"So, as far as products are being developed around the world, there is usually a big increase in the cleaning category.
"We are following these trends, we are innovating, we are improving, we have our own design team. . .
We are passionate about offering new products to the market.
"Since taking the company back from the owner of the private equity in 2011, crulis and his management have carried out a comprehensive reform of the company.
Godfrey Cohen, who founded Godfrey Cohen during the Great Depression, quickly went from selling vacuum cleaners in his father's furniture store to installing them himself at the praeland market in Melbourne.
It now designs and manufactures its own cleaners and operates in 209 stores in Australia and New Zealand with Hoover's exclusive sales license.
The network is expected to grow by at least 10 stores a year, according to creris.
Godfreys issued more than 28 million shares for $2.
Raise $77 per person.
7 million, and it is expected that these stocks will begin trading in the stock market in December 10.
The company expects a net profit of $12.
The financial year 8 million was 2014/15, up from $5.
7 million years 2013/14.