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BRIEF-Clover Corp updates on results forecast for FY15

Published 31/07/2015, 04:02 pm
© Reuters.  BRIEF-Clover Corp updates on results forecast for FY15
CLV
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July 31 (Reuters) - Clover Corporation Ltd CLV.AX :

* Market update CLV.AX

* Continues to be, impacted by a slower than expected recovery in Chinese markets following the fonterra incident in late 2013

* Says profit after tax for the year ending 31 July 2015 will be in the range of breakeven to $0.3 million

* Says Clover anticipates that revenue for the year ending 31 July 2015 will close at approximately $29.9 million

* Directors' remain committed to the payment of a fully franked year end dividend.

* Says the outlook for FY 2016 is encouraging

* Source text for Eikon ID:nASX6gN737

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