Aug 30 (Reuters) - Adelaide Brighton Ltd (ABC) :
- Interim ordinary dividend 8.5¢
- Interim special dividend 4.0¢
- HY revenue from continuing operations up 1.2% to A$686.0 million
- Says HY net profit for the period attributable to members down 6.7% to A$77.1
million
- Company's dividend reinvestment plan remains suspended until further notice
- Outlook for demand in south Australia appears favourable given the pipeline
of infrastructure projects"
- Outlook for south Australian gas prices is uncertain
- Says in 2016, Adelaide Brighton expects sales volume of cement and clinker to
be less than 2015
- Adelaide Brighton expects full year NPAT will be in the range of $190 million
to $200 million
- Property sale proceeds of about A$20 million are expected in 2016, with a
profit after tax of A$7 million
- Further increases in cement prices are expected in 2H16