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Spotless says its issues are in the past

AAP logoAAP 24/08/2016

Shares in cleaning and catering business Spotless have jumped despite a 14 per cent fall in annual profit to $122.2 million.

The company said the issues behind the profit fall, related to slower than expected profit growth from new business and complications with acquisitions, have now been resolved.

Spotless shares were up 7.25 cents, or 6.8 per cent, at $1.1375 at 1535 AEST.

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