Seven upgrades earnings guidance

Staff Reporters
09-Nov-2010
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Seven Group Holdings has upgraded earnings guidance thanks to a recovery in television advertising and a better performance by its WesTrac division.

Seven Group Holdings group chief executive Peter Gammell said underlying group earnings before interest, tax, depreciation and amortisation and net profit for 2010-11 now were expected to be about 15 per cent higher than previously forecast.

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Kerry Stokes
Peter Gammell

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