Sept 26 (Reuters) - HGL Ltd (HNG)
- Statutory net profit before tax for year to 30 september 2017 is expected to be in range $2.0 million to $2.4 million
- FY underlying net profit before tax is anticipated to be in range of $2.0 million to $2.5 million
- "significant decrease in both sales and profit in Leutenegger and Biante compared to 2016 has negatively impacted overall group result"
- Unit's purchase of Intralux Australia expected to be EPS accretive in FY2018
- Undertaking a strategic review considering long term viability of key product categories within Leutenegger arts and crafts business
