GNC graincorp limited
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News: GNC Graincorp says Don Taylor to retire as chairman

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    24/02/17
    10:15
    Post #: 22869749

    Feb 24 (Reuters) - Graincorp Ltd (GNC) :

    • Chairman transition and fy17 earnings guidance
    • Don Taylor has indicated his intention to retire as chairman and director of Graincorp effective from 1 May 2017
    • Taylor will be succeeded by experienced company director Graham Bradley Am.
    • Expects to report fy17 underlying ebitda in range of $385 million to $425 million
    • Sees fy17 underlying npat 2 of $130 million to $160 million (fy16: $53 million)
    • Company intends to appoint Bradley to Graincorp board on 1 March 2017 and he will assume chairmanship following Taylor's retirement
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