Elders tips $510m loss

Rural services company Elders expects to report a loss of more than $500 million for its recently concluded fiscal year. The company is due to release its full-year results on November 18 but has warned it expects to post a net loss in the order of $510 million for the year to September 30. "It is now clear that there will be a number of impairments," it said.

By InvestSMART · 12 Nov 2013

By InvestSMART ·
12 Nov 2013

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Rural services company Elders expects to report a loss of more than $500 million for its recently concluded fiscal year. The company is due to release its full-year results on November 18 but has warned it expects to post a net loss in the order of $510 million for the year to September 30. "It is now clear that there will be a number of impairments," it said.

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Elders tips $510m loss

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