Brief: Graincorp Provides FY24 Earnings Guidance
Feb 14 (Reuters) - Graincorp Ltd GNC.AX :
* PROVIDES FY24 EARNINGS GUIDANCE
* GRAINCORP LTD SEES FY24 UNDERLYING EBITDA IN RANGE OF
A$270-A$310 MILLION
* GRAINCORP LTD SEES FY24 UNDERLYING NPAT OF A$65-A$95
MILLION
* A$50 MILLION SHARE BUY-BACK ANNOUNCED AT FY23 RESULTS
EXPECTED
TO START IN 2H OF CURRENT FY
* IN FY24, SEEING RETURN TO MORE NORMALISED CROP VOLUMES AND
MODERATION OF MARGINS FROM HISTORICALLY HIGH LEVELS ACROSS
BUSINESS
Source text for Eikon: ID:nASXb70tc8
Further company coverage: GNC.AX
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