News: ABC Adelaide Brighton Sees FY Underlying Net Profit After Tax Between $120 Mln And $130 Mln

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    July 31 (Reuters) - Adelaide Brighton Ltd (ABC) :

    • EXPECTS UNDERLYING NET PROFIT AFTER TAX FOR YEAR TO BE IN RANGE OF $120-130 MILLION
    • ANTICIPATED THAT REVIEW WILL RESULT IN A NON-CASH IMPAIRMENT OF NO MORE THAN $100 MILLION (PRE-TAX) FOR SIX MONTHS
    • BOARD HAS DETERMINED NOT TO DECLARE AN INTERIM DIVIDEND FOR PERIOD ENDING 30 JUNE 2019
    • MANAGEMENT HAS BEEN UNDERTAKING A BALANCE SHEET REVIEW

    Source text : http://bit.ly/317D2uC

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