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BRIEF-Scottish Pacific Group issues profit guidance

Published 14/11/2016, 08:54 am
© Reuters.  BRIEF-Scottish Pacific Group issues profit guidance
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Nov 14 (Reuters) -

Scottish Pacific Group Ltd SCO.AX :

* Scottish pacific group ltd - decided it is prudent to review its forecasts, assuming borrowing levels do not see any uptick during remainder of fy17

* Expects to produce pro forma pbit of $40.7 million and pro forma npata of $30.8 million for year ended 30 june 2017

* Scottish pacific group ltd- advises that it has experienced lower than expected levels of borrowing during first four months of fy17

* Sees decline in forecast net revenue of $8.2 million

* Scottish pacific group ltd - profit guidance-sco.ax

* Advises that it has experienced lower than expected levels of borrowing during first four months of fy17

Source text for Eikon: ID:nASX7SyYY4

Further company coverage: SCO.AX

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