‘…..I would like to finish with our financial guidance and outlook for FY23.
We expect to report EBITDA of $470-530 million and net profit after tax of $180-$220 million. This would be another outstanding result for the Company and demonstrates the value of the company, our people and our assets.
In the Agribusiness segment, we are once again expecting above average ECA grain handling volumes and the continued delivery of our core operating initiatives.
The earnings guidance reflects our expectation that good global demand for Australian grain will continue, however at lower margins than in FY22.’
GNC Price at posting:
$7.80 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)