Brief: GrainCorp Ltd Announces FY24 Trading Update

Graincorp

06/05/2024 01:58

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 

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