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Graincorp Limited Class A ( (AU:GNC) ) just unveiled an update.
GrainCorp Limited has issued its earnings guidance for the fiscal year 2025, expecting an underlying EBITDA between $270 million and $320 million, and an underlying NPAT of $60 million to $95 million. Despite challenges in the southern regions, the overall East Coast Australia production remains strong, with encouraging prospects for the summer crop. The company anticipates increased receivals and exports, although margins may be compressed due to global supply and demand dynamics. Additionally, GrainCorp has announced a share buy-back of up to $50 million, reflecting its strong balance sheet and commitment to shareholder returns. The company continues to advance its strategic initiatives, focusing on earnings diversification, renewable fuels, and business transformation to enhance efficiency and resilience.
More about Graincorp Limited Class A
GrainCorp Limited is a company operating in the agriculture industry, primarily focusing on the production and supply of grains and oilseeds, with significant activities in East Coast Australia. The company is engaged in grain handling, storage, and marketing, as well as providing services related to oilseed crushing for its Nutrition and Energy businesses.
YTD Price Performance: -0.66%
Average Trading Volume: 15,471
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.04B
See more data about GNC stock on TipRanks’ Stock Analysis page.
