Mirvac - 500 Beiträge pro Seite
eröffnet am 06.06.05 12:16:56 von
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ID: 985.643
ID: 985.643
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ISIN: AU000000MGR9 · WKN: 924371 · Symbol: MJB
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Mirvac to update earnings guidance
Jun 06 11:08
AFR staff
Property developer Mirvac Group asked on Monday that trading of its shares be suspended pending an update later of its earnings outlook.
Mirvac said in a statement to the Australian Stock Exchange it had planned to unveil its latest outlook on Wednesday, but a newspaper article forced it to accelerate the announcement.
According to an article in The Sydney Morning Herald, Mirvac`s board was set to sign off on a further 13-per-cent profit downgrade this financial year, following a 14-per-cent reduction delivered last month owing to higher costs and slower activity.
Mirvac managing director Greg Paramor said the article on was inaccurate, and the company would soon deliver fresh guidance.
Mirvac`s stock, hit last week by broker downgrades owing to weakening demand for apartments, last traded at $3.45, nearer a recent low of $3.21 than a 52-week high of $5.10
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Jun 06 11:08
AFR staff
Property developer Mirvac Group asked on Monday that trading of its shares be suspended pending an update later of its earnings outlook.
Mirvac said in a statement to the Australian Stock Exchange it had planned to unveil its latest outlook on Wednesday, but a newspaper article forced it to accelerate the announcement.
According to an article in The Sydney Morning Herald, Mirvac`s board was set to sign off on a further 13-per-cent profit downgrade this financial year, following a 14-per-cent reduction delivered last month owing to higher costs and slower activity.
Mirvac managing director Greg Paramor said the article on was inaccurate, and the company would soon deliver fresh guidance.
Mirvac`s stock, hit last week by broker downgrades owing to weakening demand for apartments, last traded at $3.45, nearer a recent low of $3.21 than a 52-week high of $5.10
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