A 4SquareMedia Website

NEWS SECTIONS
> Business
> CES
> Comment
> Communication
> Financial
Accounting Software
Credit
Resources
> Management
> Property
> Resources
> Sales And Marketing
> Technology
REVIEWS
> Automation
> Communication
> Display
> Entertainment
> IT Hardware
> IT Software
SERVICES
> E-Newsletter Signup
> Contact



Top 10 Viewed Articles
  1. The Humble PC Gets A Whopping Makeover
  2. NSW Govt Slammed Over Botched $158M Education Tender
  3. Official Release: Vista Service Pack
  4. Talk All You Want With New Vodafone and 3 Caps
  5. Apple Unveils Snow Leopard OS
  6. Why The Federal Government Is Stuffed Without Telstra
  7. Mac OS X Snow Leopard On Sale This Friday
  8. NBN Fibre Network Slammed By US Expert He Calls It Fibre Mae
  9. ISP Filtering May Block Important Sites
  10. NRL & ARL Join Forces To Barrack For Telstra On The NBN
Top 10 Viewed Reviews
  1. Every Bit Of Defence Counts
  2. At $1,499 The Aldi Medion 17-inch Notebook Is A Steal
  3. Neat New Palm Treo Smart Phone
  4. Ericsson Router Shares Mobile Broadband
  5. Widescreen GPS Navigator For Concise And Clear Directions
  6. Telstra Walkie Talkie Phone Does Wonders
  7. Affordable Big Screen Sat-Nav
  8. SHOOTOUT: We Pick The Best All In One Touchscreen PC
  9. Samsung D600 Given Makeover
  10. $999 Quad Core Beast Sold By Aldi





NEWS SECTIONS / FINANCIAL

Rejigged Hills Group Cashes Up

By Computer Daily News | Tuesday | 17/05/2016

The once beleagured technology products distributor Hills Ltd says it has signed new finance facilities worth more than $50 million. The loans involved comprise a $36 million facility from Assetsecure, and $15 million from the Commonwealth Bank.

The company in April said pre-tax earnings in the second half of the 2015-16 financial year should be better than the $5.4 million it achieved in the first half.

Once famous as the producer of the Hills Hoist clothesline, Hills is now better known for distributing technology products including CCTV systems, security alarms and hospital communications systems.

It also handles a number of health products. It predicts the Internet of Things as a major growth opportunity for the company over the next three years.

Vendor partners include Genetec, Ruckus, Tyco and UTC. After what's been described as a strict numbers-trimming exercise, Hills now has a head count of 673, compared with 2642 in FY 2012.

Print this article
Email this story to a friend
Link this story:
Link this page to delicious Link this page to Digg Link this page to Furlit Link this page to News Vine Link this page to Reddit Link this page to Spurl Link this page to Yahoo My Web RSS this section





LATEST REVIEWS
How Would You Like To Listen To Sound Through The Best Headphones In The World? We Have and It's One Awesome Experience.   How Would You Like To Listen To Sound Through The Best Headphones In The World? We Have and It's One Awesome Experience.
I often get asked the question, who has the best headphones? My answer is always, what do you want to listen to and on what device.
Product Rating 5

REVIEW Why The Samsung Galaxy S7 Is The New Benchmark For Smartphones   REVIEW Why The Samsung Galaxy S7 Is The New Benchmark For Smartphones
For several years the benchmark for smartphones was the Apple iPhone, today that has changed with the release of the new Galaxy S7 by Samsung.
Product Rating 0

EXCLUSIVE REVIEW: Aldi Does It Again With A Sub $1,200 65   EXCLUSIVE REVIEW: Aldi Does It Again With A Sub $1,200 65" 4K UHD TV That Takes On The Premium Brands
Aldi have done it again with the exclusive launch of a 65" Ultra High Definition Bauhn TV for sub $1,200 a comparable Sony 65" UHD 4K TV is $4,198 while a similar TCL model is double the Aldi price at $2,195.
Product Rating 4.5




SMARTHOUSE NEWSLETTER
Get the latest news
Subscribe today for your daily news of consumer electronic news...
Get the latest news

ADVERTISE

     Smart Office

     Contact us for special deals on advertising...

 


LATEST ISSUE
Smarthouse's
Apr/May 2011 issue

reviews the hot new iPhone attach device, the Zeppelin Air. And we look at what's going on in the tablet space...