ASB 1.56% $3.16 austal limited

News: ASB Austal says FY2016 result in line with guidance, FY2017 outlook reiterated

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    Aug 29 (Reuters) - Austal Ltd (ASB) :

    • Maintain FY 2017 outlook of $45 - 55 million EBIT and continued cash

      generation from operations

    • Outlook for the US shipyard and the group remained positive
    • Outlook supports the ongoing payment of dividends
    • Says reiterates FY 2017 guidance of US shipbuilding EBIT margin between 5-7

      per cent

                            
 
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