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8 months ago
BRIEF-Hellaby provides HY 17 guidance; Advises shareholders not to accept Bapcor offer
December 15, 2016 / 9:47 PM / 8 months ago

BRIEF-Hellaby provides HY 17 guidance; Advises shareholders not to accept Bapcor offer

Dec 16 (Reuters) - Hellaby Holdings Ltd -

* Hellaby provides half year guidance and advises shareholders not to accept Bapcor offer

* Recommendation remains not to accept revised Bapcor takeover offer of $3.60 per share

* Sees HY 17 group net profit after tax (npat) expected to be between $38.5 and $39.5 million

* HY 2017 sales are expected to be between $383 and $388 million

* Forecast half year trading EBITDA & EBIT and group NPAT are all inclusive of footwear restructuring costs of about $2.7 million incurred over six month

* HY 17 trading EBITDA is expected to be between $18 and $19 million

* All figures in NZ$ Source text for Eikon: Further company coverage:

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