News: ABC Adelaide Brighton expects lime sales volumes to be higher in 2017

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    May 25 (Reuters) - Adelaide Brighton Ltd (ABC)

    • In 2017, we expect sales volumes of cement and clinker to be higher than 2016
    • Lime sales volumes are expected to be higher in 2017
    • Decline in shipping & materials procurement costs, & favourable foreign currency outcomes expected to lower 2017 import costs by $10 million pre-tax
    • First half 2017 underlying net profit after tax is expected to be lower than prior corresponding period
    • Second half 2017 underlying net profit after tax is anticipated to be stronger than second half of prior corresponding period
 
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