July 22 (Reuters) - Asaleo Care Ltd (AHY) :
- Preliminary 1h16 results and revised FY 2016 earnings guidance (AHY)
- Anticipate cost headwinds will continue in 2h16 before declining in FY 2017
as current reduced US$ pulp prices flow through.
- Announces reduction in its full year guidance for the financial year ending
31 December 2016
- Expect pulp costs will likely decline in 2017 due to the current and market
forecast outlook for us$ pulp prices
- Now sees FY 2016 underlying NPAT decline of approximately 15%
