Brief: GrainCorp Ltd Announces FY24 Trading Update
May 6 (Reuters) - Graincorp Ltd GNC.AX :
* FY24 TRADING UPDATE
* EXPECTS TO REPORT 1H24 UNDERLYING EBITDA OF A$164 MILLION
* OPERATING CONDITIONS AND OUTLOOK LEADING INTO 2H24 HAVE
SOFTENED
* EXPECTS TO REPORT 1H24 UNDERLYING NET PROFIT AFTER TAX OF
A$57
MILLION
* SEES FY24 UNDERLYING NPAT OF A$60-80 MILLION
* LATEST NEWS OF EL NIÑO ABATING IN AUSTRALIA IS A POSITIVE
FOR
GROWERS
Further company coverage: GNC.AX
((Reuters.Briefs@thomsonreuters.com;))
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