Brief: Farm Pride Foods Expects 2019H1 Trading EBITDA To Be In Range Of $500,000-$600,000

Farm Pride Foods

15/01/2019 05:14

Jan 15 (Reuters) - Farm Pride Foods Ltd  FRM.AX :
    * EXPECT 2019H1 TRADING EBITDA TO BE IN RANGE OF
$500,000-$600,000
    * PROFITABILITY FOR 6 MONTH ENDED 31 DEC 2018 HAS BEEN
ADVERSELY
IMPACTED BY DROUGHT & CONTINUING NATIONAL OVER-SUPPLY OF EGGS
    * CURRENTLY DO NOT SEE ANY RELIEF IN OVER-SUPPLY OF EGGS AND
EXPECT CURRENT GRAIN PRICING TO REMAIN UNTIL 2020H1

Source text (https://reut.rs/2TQ26mi)
Further company coverage:  FRM.AX 

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