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BRIEF-ALS Ltd updates on guidance

Published 26/07/2016, 11:21 am
© Reuters.  BRIEF-ALS Ltd updates on guidance
ALQ
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July 26 (Reuters) - ALS Ltd ALQ.AX :

* Chairman elect's agm address (inc. first half FY 2017 guidance) ALQ.AX

* Board expects first half underlying after tax profit to be in the range of $50 to $55 million

* Current expectation for underlying profit after tax for the full year to March 2017 is broadly in line with analyst consensus

* Seeing growth in our environmental, food, pharmaceutical, geochemistry and tribology businesses"

* Profits from coal and asset care business units remain flat"

* Is likely the co's future dividend payout ratio will be in the range of 50% to 60% of underlying net profit"

* Source text for Eikon ID:nASX16fWsy

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