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Article: Suncorp reaffirms guidance.(NEWS)(John Mulcahy saying that the company was "on track" to achieve full year earnings guidance)(Financial report)(Brief article)
- Article from:
- Australian Banking & Finance
- Article date:
- November 30, 2008
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Suncorp managing director John Mulcahy said the company was "on track" to achieve full year earnings guidance.
"The efforts of all Suncorp people to further improve the resilience of our company have already taken effect, with our first quarter results indicating a strong start to current financial year," Mulcahy told shareholders at its annual general meeting last month.
"This gives us confidence we are on track to achieve our full year earnings guidance for each of our businesses."
Mulcahy said the company was forecasting its banking profit before tax and bad debts to grow in the high single digits in fiscal 2009.
For its general ...