WLD wellard limited
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News: WLD Wellard expects earnings for year to be lowered by several factors

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    10/06/16
    10:10
    Post #: 18003630

    June 10 (Reuters) - Wellard Ltd (WLD) :

    • Wellard is on target to ship approximately 450,000 cattle in FY 2016
    • Company's earnings for the year ending 30 June 2016 will be lowered by several factors
    • Company now expects to record a pro forma FY 2016 net profit after tax of about $23.5-$30 million based on current exchange rates
    • Expects the shipping and trading margin pressure in Australia will continue in the short to medium term"
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