News: AIO Asciano HY statutory npat after minority interests $199.8 million

Feb 24 (Reuters) - Asciano Ltd (AIO) :

• 2016 half year financial results (AIO)
• HY statutory npat after minority interests $199.8 million versus $189.7

  million

• HY statutory revenue and other income $1.86 billion versus $1.95 billion last

  year

• Asciano continues to expect to report flat to low single digit EBIT growth in

  FY 2016

• Says fully franked interim dividend of 13 cents per share
• Says expects to report a significant increase in the material items cost in

  FY 2016

• Expects cash flow to continue to grow at materially faster rate than EBIT,

  expects free cash flow after capex to be in excess of $400M in FY 2016

• Final reported material items will include break fee of $88M recently paid to

  Brookfield infrastructure limited

• Forecast capital expenditure range for FY 2016 has been reduced from a range

  of $390- 440M to approximately $350M

• Cash capital expenditure in FY 2016 is expected to be approximately $390M

  reflecting capital expenditure accrued in FY 2015