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BRIEF-Legend says H1 NPAT likely to be in the range of $3.1 mln to $3.3 mln

Published 06/11/2015, 04:24 pm
Updated 06/11/2015, 04:29 pm
© Reuters. BRIEF-Legend says H1 NPAT likely to be in the range of $3.1 mln to $3.3 mln
LGD
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Nov 6 (Reuters) - Legend Corporation Ltd LGD.AX :

* Says H1 revenue is likely to 24% higher with gross profit margins down from 45% to 42%

* Net profit after tax for the first half is likely to be in the range of $3.1 to $3.3 million

* Improvement in margin is expected in the second half"

* Full year NPAT is expected to be greater than that achieved in FY 2015"

* Conditions remain challenging within power utilities as capital works are delayed due to both restructuring and regulatory determinations

* Recently acquired sce business is performing in accord with our expectations"

* H1 FY 2016 cash flow has been strong to the end of October and likely to be 25% higher on the prior corresponding period

* Source text for Eikon ID:nASX3fD8BH

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