GNC graincorp limited
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News: GNC GrainCorp Ltd provides guidance for 2016 financial year

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    26/02/16
    09:24
    Post #: 17121920

    Feb 26 (Reuters) - Graincorp Ltd (GNC) :

    • Graincorp provides guidance for 2016 financial year (GNC)
    • Says expects to report FY 2016 underlying EBITDA1 in the range of $240 million to $270 million
    • "Expected result reflects the continued challenging conditions being felt across the entire industry"
    • Sees FY 2016 underlying npat2 of $40 million to $55 million
    • Says "the outlook for Graincorp malt remains solid"
    • "This year we expect grain exports from eastern Australia to be only 3 million tonnes"
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