Jan 21 (Reuters) - Bradken Ltd BKN.AX :
* Says expects to report a half year underlying EBITDA of approximately $52
million for the six months to 31 December 2015
* Says "now optimistic that an improved result is likely for the second half of
this financial year"
* Says arnall will continue in the role of acting CEO
* Expected that statutory accounts as at 31 December 2015 will include an
additional impairment charge associated with mining & transport and
engineered products (USA) divisions
* Says announces its intention to divest its UK operations
* Says confirms that the acquisition of the low cost Indian foundry will be
completed during February
* Company's cost reduction and restructuring program is now well advanced and
is showing results consistent with expectations"
* Source text for Eikon ID:nASX9DxKgQ