Boom Logistics Ltd. Announces Preliminary Unaudited Earnings Results for the Half Year Ended December 31, 2012; Revises Earnings Guidance for the Fiscal Year 2013
The company expects that the level of EBIT growth of 12% achieved in the first half will continue on a comparable basis into the second half of the financial year 2013. This would result in a full year trading EBIT of circa AUD 39 million against AUD 35.5 million a year ago. This revised outlook takes account of a range of factors that have emerged during the second quarter of fiscal year 2013. In August 2012, when releasing fiscal year 2012 results, trading EBIT for fiscal year 2013 had been expected at between AUD 47 million and AUD 50 million based on the market conditions at that time.