AVI Limited Announces Trading Update for the Six Months Ended December 31, 2017; Provides Earnings Guidance for the Six Months Ended December 31, 2017
The company provided earnings guidance for the six months ended 31 December 2017. Consolidated headline earnings per share for the six months ended 31 December 2017 are expected to increase by between 7% and 8% over the comparable period in the prior year, translating into an increase from last year's 302.9 cents to a range between 324 and 327 cents per share; and Consolidated earnings per share for the six months ended 31 December 2017, including capital gains and losses, are expected to increase by between 6% and 7% over the comparable period in the prior year, translating into an increase from last year's 305.4 cents to a range between 324 and 327 cents per share.