Investing.com - Financial Markets Worldwide
Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

BRIEF-GrainCorp Ltd provides guidance for 2016 financial year

Published 26/02/2016, 09:23 am
© Reuters. BRIEF-GrainCorp Ltd provides guidance for 2016 financial year
GNC
-

Feb 26 (Reuters) - Graincorp Ltd GNC.AX :

* Graincorp provides guidance for 2016 financial year GNC.AX

* Says expects to report FY 2016 underlying EBITDA1 in the range of $240 million to $270 million

* "Expected result reflects the continued challenging conditions being felt across the entire industry"

* Sees FY 2016 underlying npat2 of $40 million to $55 million

* Says "the outlook for Graincorp malt remains solid"

* "This year we expect grain exports from eastern Australia to be only 3 million tonnes"

* Source text for Eikon ID:nASX3kSgPK

Latest comments

Install Our App
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.