General Finance (GFNCL) Posts Q4 and FY Financials, Notes $20M Debt Reduction
General Finance Corp. operates through its majority-owned subsidiary Royal Wolf and its indirect wholly owned subsidiary Pac-Van to sell and lease portable services and storage products in Australia, New Zealand and the United Sates. The company today announced its fourth-quarter and year-end results for the period ended June 30, 2010, including contributions from both subsidiaries and financial information for Pac-Van results for the year ended June 30, 2009. "We are pleased with our quarterly results, as revenues, utilization and adjusted EBITDA all improved over the preceding fourth quarter. As we discussed in prior quarters, we have been looking for a…