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ABB slashes outlook

This article was originally published in The Public Ledger

AUSTRALIA'S ABB Grain has downgraded its 2009 full year guidance for net profit after tax by up to 32% to between A$43m (US$34.1m) and A$53m from a range of A$53m and A$63m issued in May due to slower demand for malt by Asian customers and weaker sales of fertiliser and agricultural chemicals.



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