Business
Why the GrainCorp (ASX:GNC) share price is on watch today
The GrainCorp Ltd (ASX: GNC) share price will be on watch this morning. This comes after the company provided a positive business update to investors. At yesterday’s market close, the grain exporter’s shares finished the day at $4.71.
What did GrainCorp announce?
It will be interesting to see where the GrainCorp share price moves today following this morning’s latest release.
GrainCorp advised that it’s forecasting a $25 million boost in annualised earnings before interest, tax, depreciation and amortization (EBITDA) by 2023-24.
It stated that new operating initiatives have resulted in the business becoming more sustainable. These include expanding bulk materials for export, increasing utilisation at the Numurkah and West…
-
Noosa News21 hours agoThe Pedro Pascal-Led Fantastic Four Face Julia Garner’s Silver Surfer in the New Full ‘First Steps’ Trailer
-
General21 hours agoFrom Humpty Doo to the bush, these voters’ views reflect the challenge for federal politicians
-
General21 hours agoPolice say man shot dead in Footscray had charged at officers armed with knife
-
General19 hours agoNew Zealand wants more ‘automated decision-making’ in its welfare system. Could that lead to Robodebt 2.0?