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Posts tagged "bradken"

Mining equipment maker Bradken has cut its full year profit guidance due to increased costs and lower sales in its rail division.

Bradken had previously forecast profit growth in the 2011/12 financial year of 35 to 40 per cent from the previous financial year. But on Friday it said full year net profit was expected to be up 13 per cent from the previous financial year, between $95 million and $102 million.

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