News: AOG Aveo Group Upgrades FY18 EPS Guidance To 21.6 CPS

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    June 22 (Reuters) - Aveo Group (AOG) :

    • UPGRADES FY18 EPS GUIDANCE TO 21.6 CPS
    • ESTIMATED DISTRIBUTION FOR YEAR ENDED 30 JUNE 2018 WILL BE 9 CENTS PER STAPLED SECURITY
    • CONFIRMED THAT ITS FY19 EPS IS EXPECTED TO BE 20.4 CPS
    • SALE OF GASWORKS WILL RESULT IN A DECREASE OF $6.7 MILLION BEFORE INCOME TAX ON FY19 EARNINGS
    • REDUCES FORECAST OF FY19 NEW UNITS DELIVERED FROM ANNUAL TARGET OF 500 TO 418
    • OVERALL REDUCTION ON FY19 EARNINGS FROM SALE OF GASWORKS IS $4.7 MILLION AFTER INCOME TAX
 
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