News: Transfield confirms FY guidance

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Transfield Services Limited (ASX:TSE) has confirmed guidance for the 2012 financial year for net profit after tax, pre-amortisation at the lower end of its guidance range of $130 to $135 million.



The company says core operations in Australia and New Zealand are growing. The Americas, Middle East and Asia regions are performing in line with expectations, the company reports in a statement.



Transfield says it will release its half year result on February 22nd, with a net profit after tax of $44 million pre-amortisation. The company will recommence its share buy-back today.

In the 2011 financial year Transfield Services booked a net loss of $19.3 million.