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Article: LION NATHAN LIFTS FY NET PROFIT GUIDANCE TO UP TO US$225 MLN.(Financial report)
- Article from:
- AsiaPulse News
- Article date:
- April 24, 2009
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MELBOURNE, April 24 Asia Pulse - Trans-Tasman brewer Lion Nathan Ltd (ASX:LNN) has lifted it guidance for full year net profit after reporting solid results from its beer operations in the first half of its financial year.
Lion Nathan, which is Australia's second biggest brewer, on Friday released preliminary, unaudited trading results for the six months to March 31, 2009.
"Lion Nathan's solid first half beer results have enabled a positive revision to the 2009 full year reported net profit after tax guidance to A$305-315 million (US$217.89-225.04 million) (previously A$300-315 million), which represents 12 per cent to 16 per cent growth on the prior ...