May 11 (Reuters) - Graincorp Ltd (GNC) : "EARNINGS WERE LOWER...

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    May 11 (Reuters) - Graincorp Ltd (GNC) :

    • "EARNINGS WERE LOWER YEAR-ON-YEAR DUE TO SIGNIFICANT REDUCTION IN CROP PRODUCTION IN EASTERN AUSTRALIA"
    • "OUR STAY-IN- BUSINESS CAPEX IN FY18 IS EXPECTED TO BE $50 MILLION- $70 MILLION"
    • RE-CONFIRMED 2018 FULL YEAR EARNINGS GUIDANCE OF $240-$265 MILLION UNDERLYING EBITDA AND $50-$70 MILLION UNDERLYING NPAT
    • "AS OF 11 MAY, PREVAILING DRY CONDITIONS ACROSS MOST OF EAST AUSTRALIAN GRAIN BELT ARE PRESENTING SERIOUS CHALLENGES FOR GRAIN GROWERS"
    • "IN EVENT OF A SMALLER HARVEST, OUR EXISTING TAKE-OR-PAY RAIL CONTRACTS WILL PRESENT A CHALLENGE, HOWEVER THESE COMMITMENTS EXPIRE IN FY19"
    • "ON TRACK TO DELIVER $25-30 MILLION IN PRE-TAX BENEFITS WITHIN 18 MONTHS"
    • SEES FY18 COMMITTED GROWTH CAPEX OF $80-100 MILLION
    • STAY-IN-BUSINESS CAPEX EXPECTED TO REMAIN AT SIMILAR LEVELS FOR NEXT FEW YEARS
 
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(20min delay)
Last
$7.55
Change
-0.030(0.40%)
Mkt cap ! $1.678B
Open High Low Value Volume
$7.57 $7.58 $7.53 $21.27M 2.816M

Buyers (Bids)

No. Vol. Price($)
4 5814 $7.52
 

Sellers (Offers)

Price($) Vol. No.
$7.59 15758 3
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Last trade - 16.11pm 30/07/2025 (20 minute delay) ?
GNC (ASX) Chart
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