MRG murray river organics group limited
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May 22 (Reuters) - Murray River Organics Ltd (MRG) MRG notes...

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    22/05/17
    09:55
    Post #: 24827799

    May 22 (Reuters) - Murray River Organics Ltd (MRG)

    • MRG notes weight of Sultana crop appears to have been significantly affected by wet and cold spring
    • Co is revising its estimated FY17 pro forma EBITDA to be in range of $6.5-7.5 million and pro forma FY17 NPAT in range of $0.1-0.8 million
    • For 2016-2017 harvest are expected to be about 3.0 tonnes per mature acre for Sun Muscat, 2.5 tonnes per mature acre for Currants and 1.6 tonnes per mature acre for Sultana
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