May 11 (Reuters) - Graincorp Ltd (GNC) :
- SEES FY23 NPAT OF A$220 - A$260 MILLION
- HALF-YEAR EBITDA A$383 MILLION VERSUS A$427 MILLION
- 1H23 DIVIDEND 24 AU CENTS PER SHARE (CPS) FULLY FRANKED
- HY NET PROFIT AFTER TAX A$200 MILLION VERSUS $246 MILLION
- EXPORT PROGRAM RAN AT CLOSE TO FULL CAPACITY WITH 4.4MMT OF GRAIN AND OILSEEDS EXPORTED DURING HALF
- SEES FY23 EBITDA OF A$500 - A$560 MILLION
- DURING HALF EXPORT SUPPLY CHAIN MARGINS REMAINED SOLID, ALBEIT NOT AT LEVELS WE EXPERIENCED LAST YEAR
- EXPECT STRONG EXPORT PROGRAM TO CONTINUE IN SECOND HALF
- GOOD ONGOING DEMAND FOR AUSTRALIAN GRAIN AND OILSEEDS, SUPPORTED BY A THIRD BUMPER CROP IN EAST COAST AUSTRALIA IN HY
- NET WORKING CAPITAL EXPECTED TO UNWIND AS COMMODITY PRICES AND EXPORT ACTIVITY NORMALISE
News: GNC Graincorp Ltd Says Expect FY23 NPAT Of A$220 - A$260 Mln
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