GNC graincorp limited
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May 9 (Reuters) - Graincorp Ltd (GNC) : EXPECTS CHALLENGING...

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    09/05/19
    08:40
    Post #: 38479939

    May 9 (Reuters) - Graincorp Ltd (GNC) :

    • EXPECTS CHALLENGING CONDITIONS IN EASTERN AUSTRALIA TO CONTINUE IN SECOND HALF
    • EXPECTS CONTINUED ROBUST DEMAND FOR MALT PRODUCTS IN 2019 NORTHERN HEMISPHERE SUMMER
    • ACTIVE ENGAGEMENT WITH PARTIES WHO HAVE EXPRESSED INTEREST IN PART OR PARTS OF GRAINCORP'S PORTFOLIO CONTINUES
    • LONG-TERM ECA GRAIN PRODUCTION DERIVATIVE INSTRUMENT UNDER NEGOTIATION, TO REDUCE CASH FLOW VOLATILITY LINKED TO HARVEST VOLUMES
    • FY19 STAY-IN-BUSINESS CAPEX EXPECTED TO BE $40-50 MILLION

    Source: (http://bit.ly/2JsBB4z)

    (([email protected];))

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