Bradken FY profit slumps on court charge

Mining services group's net profit takes a hit on one-off Norcast charge, revenue slips in year.

Mining services group Bradken (BKN) expects its fiscal 2014 performance will largely be comparable to its current year as mine production increases steadily.

In the year to June 30, Bradken posted an underlying net profit of $96.1 million, above its guidance in June for $92 million and in line with consensus forecasts for $96.9 million.

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