Warrnambool Cheese lifts profit guidance

Group forecasts better than expected results due to lower Australian dollar.

Higher prices for dairy products and the lower Australian dollar have enabled Warrnambool Cheese and Butter Factory Ltd (WCB) to upgrade its profit guidance.

The company still expects its annual profit for the 2012/13 financial year to be lower than in the prior year, but the result is likely to be an improvement on the guidance that the company provided in April.


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