PGG Wrightson Limited (PGW) will announce its annual results for the year on
Tuesday, 9 August 2016.
Trading in June exceeded expectations due to a variety of factors that will
push financial performance beyond the top end of current guidance. It is
expected that PGW will now announce that its full year Operating EBITDA will
exceed $68 million (the top of the current guidance range).
It is also expected that PGW''s net profit for the period (NPAT) will be up on
the $32.7 million reported in the prior corresponding period to 30 June 2015.
PGW''s Chief Executive Mark Dewdney said that "we are still working through
the audit process for our full year results and will be better placed to talk
to the detail at the time of our results announcement. In the meantime, what
we can say is that we expect that NPAT will likely be around 20% up on last
year. This will be an excellent outcome that the business can be proud of
and we look forward to discussing the detail when our results have been
finalised in the coming days."
End.
End CA:00286554 For:PGW Type:FORECAST Time:2016-08-01 16:29:42