York Timber Holdings Limited provided earnings guidance for the year ended June 30, 2013. For the year, the company expects operating profit for is expected to be less than 5% lower than reported in the comparative period. This is due to lower market demand and consequently less lumber volumes sold than in the prior period.

Earnings per share are expected to be between 19% and 24% lower than those reported in the comparative period as a result of a lower fair value adjustment than in the prior period and lower gross profit due to the lower market demand. EPS of 32 cents to 34 cents are expected (year ended 30 June 2012 of 42 cents per share); and headline earnings per share for the year ended 30 June 2013 are expected to be between 19% and 24% lower than those reported in the comparative period. HEPS of 32 cents to 34 cents are expected against 42 cents per share a year ago.