Brief: Livestock Improvement Corp Sees Underlying Earnings For FY24 Between NZ$17 Mln- NZ$22 Mln
17/08/2023 23:49
Aug 18 (Reuters) - Livestock Improvement Corporation Ltd
LIC.NZ :
* LIVESTOCK IMPROVEMENT CORPORATION LTD - EXPECTS UNDERLYING
EARNINGS FOR FY24 TO BE IN THE RANGE OF NZ$17MLN -NZ$22 MILLION
* LOWER FORECAST MILK PAYOUT CREATED CHALLENGING ECONOMIC
LANDSCAPE FOR MANY DAIRY FARMERS ACROSS NZ
* UPDATED EARNINGS GUIDANCE AS RESULT OF REDUCED FARMGATE
MILK
PRICE RANGE, AMONG OTHERS
Further company coverage: LIC.NZ
((Reuters.Briefs@thomsonreuters.com;))
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