BBW babcock & brown wind partners group

profit downgrade

  1. 713 Posts.
    Just announced today after market that they will miss prospectus numbers....

    Earnings before interest, tax, depreciation and amortization for the 2006 fiscal year were A$51.5 million ($39 million), 17 percent below the A$62.2 million forecast in the initial offering, the Sydney-based company said today in a statement to the Australian Stock Exchange. Delays in the acquisition of three wind farms and low wind
    conditions in May and June resulted in lower-than-anticipated
    sales for the year through June 30, Babco & Brown Wind said.

 
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