QR National Ltd (ASX:QRN) says despite flooding and heavy rain that caused its rail lines to temporarily close, it remains on track to achieve its published earnings forecast.
The recently listed rail freight operator was forced to close parts of its network systems as a result of unseasonal weather.
However, QR National advises all systems affected by the weather have been re-opened and are now operational.
QR National booked a net profit of $204 million in the year to 30 June 2010.
QRN Price at posting:
$2.67 Sentiment: None Disclosure: Held
