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BRIEF-Ashley Services updates on FY 2016 earnings guidance

Published 07/12/2015, 09:21 am
Updated 07/12/2015, 09:30 am
© Reuters.  BRIEF-Ashley Services updates on FY 2016 earnings guidance
ASH
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Dec 7 (Reuters) - Ashley Services Group Ltd ASH.AX :

* Market update and FY 2016 earnings guidance ASH.AX

* Says FY 2016 EBITDA forecast reduced to a range of $7 million to $9 million

* Says dividend policy reviewed, with no interim dividend to be declared for 1HFY16

* Says additional costs have been incurred during the first half of FY 2016 in relation to ash's diversification initiatives

* Commenced search processes to replace Ross Shrimpton as managing director

* Source text for Eikon ID:nASX8K187W

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