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BRIEF-Murray River Organics revises earnings guidance
May 21, 2017 / 11:54 PM / 7 months ago

BRIEF-Murray River Organics revises earnings guidance

May 22 (Reuters) - Murray River Organics Ltd

* MRG notes weight of Sultana crop appears to have been significantly affected by wet and cold spring

* Co is revising its estimated FY17 pro forma EBITDA to be in range of $6.5-7.5 million and pro forma FY17 NPAT in range of $0.1-0.8 million

* For 2016-2017 harvest are expected to be about 3.0 tonnes per mature acre for Sun Muscat, 2.5 tonnes per mature acre for Currants and 1.6 tonnes per mature acre for Sultana Source text for Eikon: Further company coverage:

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