UPDATE 2-Parmalat 9-month net down, ups 2009 guidance

* 9-mth net revenues down 1 pct

* Sees 2009 core profit at 350 mln euros

* Shares closed down 0.16 pct before results released

(Adds comment from conference call, more statement details)

MILAN, Nov 6 (Reuters) - Italian dairy group Parmalat (PLT.MI: Quote, Profile, Research) raised its 2009 core profit target on Friday but said nine-month net profit more than halved as it made less from the settlement of legal actions related to its 2003 collapse.

Parmalat, which makes long-life milk and juices, said it expected earnings before interest, tax, depreciation and amortisation (EBITDA) of 350 million euros ($521 million), up from previous guidance of 310-320 million euros.

It expects 2009 revenue growth of 1-2 percent, it said, down from a previous forecast of 2-4 percent. Nine-month net revenues fell 1 percent to 2.847 billion euros, it said in a statement.

On a conference call with analysts, Antonio Vanoli, general manager for operations, said the company was prudent with the forecasts but "maybe we could perform even better".

Parmalat raised its guidance due to improved performances in Australia, Italy and South Africa as well as an "outstanding" performance by its Venezuelan unit, and preliminary data for the fourth quarter.