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BRIEF-Rural Funds Group updates on outlook

Published 30/05/2016, 10:39 am
© Reuters.  BRIEF-Rural Funds Group updates on outlook
RFF
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May 30 (Reuters) - Rural Funds Group RFF.AX :

* FY16 AFFO forecast is 3.97% lower

* fy16 and fy17 market guidance update

* the fy16 dpu forecast of 8.93 cents remains unchanged

* announces an fy17 affo forecast of 12.36 cents per unit, representing an increase over fy16 of 34.3%

* future distribution growth is expected to revert to the previously forecast 4% annual growth rate after fy17

* Source text for Eikon ID:nASX37Prd7

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