GNC graincorp limited
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May 11 (Reuters) - Graincorp Ltd (GNC) : FY 2016 capexwill...

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    11/05/16
    09:06
    Post #: 17731137

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

    • FY 2016 capexwill include about $195M -$235M growth capex
    • FY 2016 earnings guidance affirmed"
    • Sees FY underlying npat (before significant items) of $40M -$55M
    • new refining and packaging infrastructure delivers significant efficiencies and will commence with modest contribution to earnings uplift in second half
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