News: MGC MG Unit Trust says HY revenue down 14.8 pct to $1.2 BLN

Feb 24 (Reuters) - Mg Unit Trust (MGC)

• Expect FY17 year-end debt to be broadly in-line with FY16 year-end
• HY revenue of $1.2 billion, down 14.8 pct compared to 1st half 2016
• HY net loss after tax attributable to shareholders/unitholders of $31.9 million
• MG maintains forecast FY17 farmgate milk price (fmp)2 of $4.953 per kilogram milk solids (kgms)
• Fully franked interim dividend/distribution of 1.7 cents per share/unit
• Cost efficiency programs on track