Feb 7 (Reuters) - AGL Energy Ltd AGL.AX :
* TRACKING TOWARDS MID-POINT OF UNDERLYING PROFIT AFTER TAX GUIDANCE RANGE BETWEEN $970 MILLION AND $1,070 MILLION IN FY ENDING 30 JUNE 2019
* NOT APPROPRIATE TO RECOMMENCE SHARE BUY-BACKS AT THIS TIME - ALTHOUGH RETAINS FLEXIBILITY TO DO SO
* WILL SOON BEGIN WORK ON PROJECT TO UPGRADE BAYSWATER POWER STATION IN NEW SOUTH WALES
* HAVE APPROVED A $25 MLN UPGRADE TO AGL LOY YANG COAL-FIRED POWER STATION IN VICTORIA
* CURRENT INTENTION IS TO REDEEM OUR $650 MLN HYBRID SUBORDINATED NOTES WHEN THEY BECOME AVAILABLE TO CALL IN JUNE 2019 Source: Further company coverage: AGL.AX