🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

BRIEF-Mg Unit Trust updates on revised milk intake expectations FY17

Published 20/10/2016, 10:51 am
© Reuters.  BRIEF-Mg Unit Trust updates on revised milk intake expectations FY17
MGC
-

Oct 20 (Reuters) - Mg Unit Trust MGC.AX :

* Mg Unit Trust - revised milk intake expectations FY17-MGC.AX

* Asx alert-revised milk intake expectations fy17-MGC.AX

* Mg unit - very wet climatic conditions now a major impact on milk intake - southern milk region (SMR) expected to be approximately 2.7 billion litres in FY17

* Mg Unit Trust- Murray Goulburn Co-Operative Co. Limited forecast FY17 NPAT of $42 million will now be lower given revised expectations for milk intake

* Now expects milk intake for FY17 to be approximately 20 percent lower than FY16

* Milk intake now expected to be substantially lower in FY17

* Mg Unit Trust - Murray Goulburn Co-Operative Co. Limited (mg) forecast FY17 npat of $42 million will now be lower Source text for Eikon: ID:nASX3zlrWg Further company coverage: MGC.AX

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.