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News: ABC Adelaide Brighton Provides NPAT guidance For Year End Dec 31

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    Dec 7 (Reuters) - Adelaide Brighton Ltd (ABC) :

    • ADELAIDE BRIGHTON - EXPECTS UNDERLYING NET PROFIT AFTER TAX, EXCLUDING PROPERTY, FOR YEAR END DEC 31 2018 TO BE BETWEEN $188- $195 MILLION, VERSUS $190.3 MILLION
    • UPDATE IS SLIGHTLY BELOW GUIDANCE OF $200 MILLION TO $210 MILLION RANGE PROVIDED AT TIME OF HALF YEAR RESULTS
    • ADELAIDE BRIGHTON -RECOVERY FROM EARLIER ADVERSE WEATHER CONDITIONS IN EAST COAST MARKETS HAS NOT BEEN AS STRONG AS EXPECTED.
    • ADELAIDE BRIGHTON - START TO HISTORICALLY BUSIER H2 IN CONSTRUCTION MARKET IN WA HAS BEEN SLOWER THAN EXPECTED

    Source text: (http//bit.ly/2QHCwC4)

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