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News: ABC Adelaide Brighton updates on doubtful debts provision

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    13/11/17
    10:50
    Post #: 28729847

    Nov 13 (Reuters) - Adelaide Brighton Ltd (ABC) :

    • Updates on doubtful debts provision
    • There may have been hidden underpayments by customers, which may have negative impact on FY17 EBIT
    • Excluding issue's one-off impact, confirms FY 2017 underlying profit after tax (excluding property) guidance of $188-$198 million
    • FY17 ebit is currently estimated to be up to $14 million
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