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BRIEF-Graincorp updates on FY16 outlook

Published 11/05/2016, 09:04 am
Updated 11/05/2016, 09:10 am
© Reuters.  BRIEF-Graincorp updates on FY16 outlook
GNC
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May 11 (Reuters) - Graincorp Ltd GNC.AX :

* FY 2016 capexwill include about $195M -$235M growth capex

* FY 2016 earnings guidance affirmed"

* Sees FY underlying npat (before significant items) of $40M -$55M

* new refining and packaging infrastructure delivers significant efficiencies and will commence with modest contribution to earnings uplift in second half

* Source text for Eikon ID:nASX7pr9zR

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