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Prime Infrastructure Group (ASX:PIH) has announced its annual earnings before impairments are in line with the forecast detailed in its prospectus.
The company reports earnings before interest, tax, depreciation and amortisation was $629 million for the 2009/10 financial year.
CEO and managing director Brian Kingston says the result reflects the focus on operations following the recapitalisation undertaken last year.
Resolving outstanding regulatory issues and progressing debt refinancing well in advance of maturities are additional strategies Mr Kingston says were priorities during the quarter.
Prime Infrastructure will release its final 2010 financial year results on 25 August.
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