News: GNC Graincorp Says Planning For Higher Grain Exports In 2H20

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    May 14 (Reuters) - Graincorp Ltd (GNC) :

    • PLANNING FOR HIGHER GRAIN EXPORTS IN 2H20 AND LOWER GRAIN TRANS-SHIPMENTS TO ECA PORTS
    • PLANNING FOR HIGHER GRAIN EXPORTS IN 2H20
    • OILSEED CRUSH MARGINS ARE EXPECTED TO REMAIN FAVOURABLE IN SECOND HALF
    • FY20 CAPEX EXPECTED TO BE $35-45 MILLION AND INCLUDES PREPARATION FOR NEXT SEASON'S HARVEST
    • AT 31 MARCH, CO HAD ZERO CORE NET DEBT
    • PLANNING FOR LOWER GRAIN TRANS-SHIPMENTS TO ECA PORTS IN 2H AS DOMESTIC DEMAND IS LIKELY TO TAPER

    Source text https://bit.ly/2WRRiY1

    (([email protected];))

 
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