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QUB — Qube Holdings News Story

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Morningstar expects long-term earnings growth for Australia's Qube

** Morningstar says logistics firm Qube Holdings' QUB.AX earnings growth is likely to remain robust over the long term, on organic growth, developments and acquisitions

** Investment research firm says company has built "dominant" positions in specific port logistics offerings, but particularly in rail haulage at Sydney's Port Botany

** Company is also developing the Moorebank precinct, which is set to become the country's largest inland intermodal terminal - Morningstar

** These developments should support cost advantages over less efficient peers - Morningstar

** Morningstar adds company's automotive logistics arm also benefits from a duopoly market structure and long-term contracts with major foreign vehicle manufacturers

** Stock up 3.8% YTD, as of last close

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

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