Australia's Boral sees earnings dip on US downturn

Wed May 7, 2008 11:44pm BST
 
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SYDNEY, May 8 (Reuters) - Australian building materials firm Boral Ltd (BLD.AX: Quote, Profile, Research) said on Thursday it sees full-year 2008 earnings at the lower end of market forecasts due to a deterioration in market conditions in the United States.

Boral said profit after tax would be at the bottom end of market forecasts of between A$234 million ($221 million) and A$256 million. (Reporting by Jonathan Standing)

 

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