Sept 12 (Reuters) - Elders Ltd ELD.AX :
* Live export update and full year earnings guidance ELD.AX
* Underlying EBIT, excluding live export, for FY 2016 in the range of $54-57M"
* Says "we believe that margins are unlikely to recover in the near to medium term"
* Has undertaken full review of live export business and has determined to immediately exit the long haul live export business
* Says to conduct a managed divestment as a going concern of the businesses of short haul and air freight of live animals
* Elders will incur restructuring and exit costs totalling approximately $6M
* Underlying earnings will be increased by amount of full year trading loss from live export business, expected to be in the range of $8-9M
* Source text for Eikon ID:nASX7JDBRq
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