UGL
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0.00% $3.71 ugl limited

effect of aud/usd on ugl

  1. DSD
    15,757 Posts.
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    15/01/09
    22:38
    Post #: 4696933
    About 25% of UGL earnings come from operations in USA. Yes, UGL does have a loan in USD but it has low interest rate and is repaid by earnings made in USA in USD. The earnings from US operations are all on track and since FY08 the AUD has dropped about 30%. Hence, yet another benefit to UGL bottom line.
    UGL Price at posting: $8.15 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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